Latest news for Arcelik (OTC:ACKAY) Stock

Arcelik

Arcelik AS is a Turkey-based company that is principally engaged in manufacturing household appliances. Its products consist of consumer durable goods, consumer electronics, kitchen accessories, and small home appliances. It provides after-sale services as well. It supplies products and services under the brands of Altus, Arctic, Arcelik, Beko, Blomberg, Dawlance, Defy, Elektrabregenz, Flavel, Grundig, Leisure, and VoltasBeko among others. The company's reportable segments are White goods and Consumer Electronics. The majority of its revenue is derived from the White goods segment which comprises washing machines, dryers, dishwashers, refrigerators, ovens, cookers, and the services provided for these products. Geographically, key revenue for the company is generated from Europe.

Arcelik AS

JPMorgan raised the firm's price target on Arcelik (ACKAY) to TRY 223.60 from TRY 218.50 and keeps an Overweight rating on the shares. Published fi...

Arcelik price target raised to TRY 223.60 from TRY 218.50 at JPMorgan

ACKAY

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Beko Takes 'Sustainability at Heart' and introduces 16th Sustainability Report, with the Motto 'Feels like Home' to Urge Each Stakeholder to Start the Change at Home

<p>The transaction creates a new European appliance company by combining Whirlpool Corporation&#39;s European major domestic appliance business with Arcelik&#39;s major domestic appliance, consumer electronics, air conditioning, and small domestic appliance businesses. Whirlpool Corporation now owns&nbsp;25 percent&nbsp;of this new entity, called&nbsp;Beko Europe B.V., and Arcelik owns&nbsp;75 percent1. Whirlpool Corporation is retaining ownership of InSinkErator and its EMEA KitchenAid small and major domestic appliance business. Separately, Whirlpool Corporation also completed its previously announced sale of the company&#39;s&nbsp;Middle East&nbsp;and&nbsp;North Africa&nbsp;business to Ar&ccedil;elik A.Ş.</p>

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Latest news for Arcelik (OTC:ACKAY) Stock

Tuesday, April 02, 2024

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