Whirlpool to sell Embraco compressor business to Japan's Nidec for $1.08 billion
April 24, 2018 at 04:35 AM EDT
(Reuters) - Home appliance maker Whirlpool Corp said on Tuesday it agreed to sell its Embraco compressor business to Japan's Nidec Corp for $1.08 billion in cash as it focuses on its consumer-facing business.