Tahoe Investors GmbH acquired 14.08% stake in Alno AG (DB:ANO) from Whirlpool Corp. (NYSE:WHR) on October 31, 2016. Tahoe Investors GmbH acquired the stake through exercising the call option. Post-acquisition Hastor family holds 33% of Alno AG voting rights through an agreement with other shareholders of the Alno AG. Alno shareholders are to receive 0.50 euros per share. A first acceptance period runs until December 14, 2016. After that, there will be a second period from December 22 to January 4, 2017.

Hastor family completed the acquisition of 14.08% stake in Alno AG (DB:ANO) from Whirlpool Corp. (NYSE:WHR) on October 31, 2016. As on November 19, 2016, the Federal Cartel Office approved the deal.