The news on Friday that Whirlpool was to acquire a majority share in Indesit came as a bit of a shock and, no doubt, this deal will be subject to much industry scrutiny as well as that of regulators over the coming months. Here’s what we know so far.
Yes we know it's sprawled over more than 40 pages and, yes we know some of it is bordering on ugly and, yes we also thought everyone would get bored of it and go home. They didn't and, in some ways this has become one of the best threads ever. Even if it is like reading war and peace at times, with more war than peace.