UK watchdog to probe deeper into Arcelik’s European deal with Whirlpool

Britain's antitrust regulator said on Thursday Turkish domestic appliances maker Arcelik's proposed purchase of Whirlpool's appliances business in Europe will be referred for a more in-depth probe. The deal could reduce choices in the supply of washing machines, tumble dryers, dishwashers and cooking appliances and will be referred for a so-called phase-2 investigation unless Arcelik addresses its concerns, the Competition and Markets Authority said in a statement.