Close the transaction contributing the European MDA business to the entity with Arçelik
Delivered after the deadline (92 days after the deadline)
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 30 Jan 2023
- Due
- 31 Dec 2023
- Delivered
- 1 Apr 2024
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“Transaction expected to close in second half of 2023, subject to additional requirements for closing, including obtaining regulatory approvals and other customary closing conditions”
What we found
Evidence strength A What the grades mean
The company expected to close the transaction in the second half of 2023, but the transaction was not completed until April 1, 2024.
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A Whirlpool Corporation 10-Q filed 2024-04-25
“The MDA Europe business was deconsolidated upon the completion of the European contribution agreement transaction with Arcelik as of April 1, 2024.” ✓ confirmed on the page
Market reaction: the shares moved -9.2% against the S&P 500 over the three sessions around the disclosure (24 Apr 2024 to 29 Apr 2024). What this measures
Checked 21 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Close
- Deliverable
- European MDA business transaction
- Where
- Europe
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: subject to additional requirements for closing, including obtaining regulatory approvals and other customary closing conditions
- Depends on
- Regulatory, Counterparty
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2023-WHR-018624 · Corrections policy