Whirlpool: Glenn intends to offer to buy 61% of the company

SMM: on the evening of August 25, Whirlpool announced that Galanz household appliances intend to gain control of the listed company through this offer. The number of shares in this offer is 468 million shares, accounting for 61% of Whirlpool's total issued shares, and the offer price is 5.23 yuan per share.

If, after the completion of this tender offer, the purchaser holds not less than 51% of the shares of the listed company, the controlling shareholder and actual controller of the company may be changed. If the number of shares offered in advance is less than 51% of the total number of shares of the listed company, the offer will not take effect from the beginning, all pre-offered shares will not be accepted by the purchaser, and the controlling shareholder and actual controller of the listed company will not be changed. The offer is uncertain.

Acquirers will make use of their own resource advantages and business experience to help listed companies improve management efficiency and optimize the allocation of resources. further enhance the sustainable profitability of listed companies, promote the stable development of listed companies, enhance the value of listed companies and the return on investment to the public shareholders. The type of tender offer is active offer, which does not fulfill the obligation of legal offer. The purpose of this offer is not to terminate Whirlpool's listing status.

"suggestive announcement of Whirlpool (China) Co., Ltd. on receipt of a summary of the tender offer report

Summary of the tender offer report of Whirlpool (China) Co., Ltd.

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