Arcelik: Hitachi Beko Merger Tipped After Appliance Deal Closed

Turkey's leading appliance maker Arcelik have confirmed that they will acquire a 60% stake in Hitachi home appliances a move that could see the local operation merged with Beko an appliance business the Turkish business already own. Overnight Arcelik and Hitachi announced that they will A$393 million for the business which sells refrigerators to Harvey...Read More