Italy's Indesit to go to Whirlpool - update

(ANSA) - Rome, July 11 - Iconic but lossmaking Italian home-appliance maker Indesit is to fall into US hands after Whirlpool reached a deal with the controlling Merloni family.
    The American giant will acquire 60.4% of the Marche-base company for 758 million euros.
    This will give it 66.8% of voting rights and it will subsequently launch an initial public offering for the rest.
    Indesit, which makes Hotpoint and other top brands, has been in trouble for several years and recently had to lay off more than a thousand workers. Its shares rose 3% on news of the deal.