WhirlpoolNYSE: WHR

A deal could make sense for both parties. Whirlpool faces near-term challenges, and it may be better positioned within a larger company that can support its debt and avoid paying its dividend.

The takeover speculation highlights the value case for the stock. Whirlpool faces challenging markets in 2024, but an acquirer might be willing to take a longer-term viewpoint.

Whirlpool NYSE: WHR shares surged 20% on word that it would receive a takeover bid from Bosch. However, the initial price action suggests this is a buy-the-rumor-sell-the-news event, so investors should be cautious.

Whirlpool (WHR) stock reacts positively to market speculations about its alleged acquisition by Bosch. It remains to be seen whether the stock sustains this rally.

Shares of Whirlpool (WHR) spun to big gains in intraday trading Wednesday following a report that German rival Robert Bosch was considering buying the U.S. appliance manufacturer.

A report says the German engineering company is considering making an offer for the appliance maker.

Whirlpool Corporation (NYSE:WHR), the US home appliance group, rose 20% in premarket trading today after it was revealed that German rival Bosch was considering a takeover bid.  Rober Bosch GmbH is said to have been looking for acquisitions to help boost its large home appliance unit and opened talks with advisors over whether to make a bid, according to reports from Reuters.

German engineering group Robert Bosch GmbH is weighing a bid for U.S. appliances manufacturer Whirlpool , according to three people familiar with the matter, a move that would boost its position in the white goods market.

Whirlpool Corporation stock was down over 35% in the past year due to the housing sector and other challenges. The company has made several moves to reduce operational costs and significantly improve free cash flow. The shares sport nearly an eight percent dividend yield that is covered by the company's free cash flow, and sports a forward P/E of just over seven.