 CHICAGO--BUSINESS WIRE--Ali Holding S.r.l. Ali Group, one of the largest and most diversified global leaders in the foodservice equipment industry, today confirmed that it has submitted a definitive proposal and merger agreement to the Board of Directors of Welbilt, Inc. NYSE: WBT to acquire all outstanding shares of Welbilt common stock for 24.00 per share in cash. The proposal represents a premium of 3.5 to the Welbilt closing share price on July 2, 2021, the last trading day prior 