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WBT / Italy's Ali Group sees shelter from economic storm in Welbilt deal

Welbilt's exposure to the U.S. fast-food market will make new Italian owner Ali Group more resilient in a slowing global economy, while the deal will bring $100 million in cost savings, the chief executive of the catering equipment company told Reuters. Read More

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Italy

Group

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Shelter

From

Economic

Storm

Welbilt

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Italy s

Stock

WBT

Posted: Jul 29 2022, 06:25

Author Name: Reuters

WBT News

By Market Watch
November 14, 2022

Icahn loads up on Twitter, oil and gas in third quarter, dumps Welbilt

Billionaire investor Carl Icahn acquired more than 12.5 million shares of Twitter Inc. during the third quarter, ahead of Elon Musk's takeover of the

By Reuters
July 29, 2022

Italy's Ali Group sees shelter from economic storm in Welbilt deal

Welbilt's exposure to the U.S. fast-food market will make new Italian owner Ali Group more resilient in a slowing global economy, while the deal will

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