Indesit Google Finance
Here's information formatted for HTML about Indesit and its relationship to Google Finance:
Indesit, formerly Indesit Company S.p.A., was an Italian manufacturer of major domestic appliances. Known for brands like Hotpoint-Ariston and Indesit, the company was a significant player in the European appliance market for many years. However, it's crucial to understand that Indesit is no longer a publicly traded, independent entity.
In 2014, Whirlpool Corporation announced its intention to acquire a majority stake in Indesit. This acquisition was completed in late 2014, and by 2017, Whirlpool fully integrated Indesit into its operations. This means that Indesit Company S.p.A. was delisted from the stock exchange and ceased to exist as a separate, publicly traded entity.
How does this relate to Google Finance?
If you search for "Indesit" or "Indesit Company" on Google Finance, you might still find historical data related to the company. However, you will *not* find current stock prices or live financial information. This is because the company is no longer listed on any stock exchange.
Google Finance primarily provides real-time and historical stock market data for publicly traded companies. Since Indesit is now part of Whirlpool, the relevant financial information is incorporated within Whirlpool's reports and stock performance. To track the performance of the appliance business that *includes* the former Indesit brands, you would need to look at Whirlpool Corporation (WHR) on Google Finance.
What can you find on Google Finance related to Indesit?
* Historical Stock Data: You might find historical charts and tables showing Indesit's stock price performance before its acquisition by Whirlpool. This data can be useful for research purposes or for understanding the company's historical valuation.
* News Articles: Google Finance might aggregate news articles that mention Indesit, even those published after the acquisition. These articles could provide insights into the appliance market, Whirlpool's strategy regarding the Indesit brand, or consumer trends related to home appliances.
Important Considerations:
* Whirlpool's Financials: To understand the current financial health of the appliance business that includes Indesit products, you must analyze Whirlpool's (WHR) financial statements and reports.
* Brand Value: While Indesit is no longer a separate company, the brand name still holds value. Whirlpool continues to market and sell appliances under the Indesit and Hotpoint-Ariston brands in certain markets.
In conclusion, searching for "Indesit" on Google Finance might yield historical data, but for current financial information, you need to focus on Whirlpool Corporation (WHR), the parent company that now owns and operates the Indesit business.