BENTON HARBOR, Mich. — Whirlpool Corp. announced it has entered into an agreement to sell the company's Embraco compressor business to Nidec Corp. for a cash purchase price of $1.08 billion, subject ...

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Small compressor giant Embraco has unveiled the first oil-free compressor for domestic refrigerators in the world. The firm said it believes the new concept “will revolutionize residential ...

In a $1.08 billion cash deal, Whirlpool (WHR) struck a deal to divest its compressor business, Embraco, to Nidec Corp., a company based in Japan. Embraco is B2B, and Whirlpool believes the transaction ...

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Whirlpool Corp.WHR0.43%increase; green up pointing triangle on Tuesday said it agreed to sell its Embraco compressor business to Japan’s Nidec Corp. 6594 0.04%increase; green up pointing triangle for ...

After months of in-depth investigation by the European Commission (EC) and commitments to be met, the Japanese firm Nidec Corporation completed the acquisition of Embraco, a Brazilian producer of ...

(Reuters) - Home appliance maker Whirlpool Corp said on Tuesday it agreed to sell its Embraco compressor business to Japan's Nidec Corp <6594.T> for $1.08 billion in cash as it focuses on its consumer ...