Whirlpool relied on Linklaters in London and Cleary Gottlieb Steen & Hamilton LLP in London and Washington, DC. The deal was signed on 24 April and is expected to close in early 2019.
(Latin Lawyer)To read the full article, click here.
Japan’s Nidec buys Whirlpool’s air compressor business
Sidley Austin LLP in London, Los Angeles, New York, Shanghai and Washington, DC, Machado Meyer Advogados in São Paulo and Creel, García-Cuéllar, Aiza y Enriquez SC in Mexico City have helped Japanese motor manufacturer Nidec purchase the Brazil-headquartered air compressor business from home appliance company Whirlpool for US$1.08 billion in cash.