 CHICAGO--BUSINESS WIRE--In response to media reports, Ali Holding S.r.l. Ali Group, one of the largest and most diversified global leaders in the foodservice equipment industry, today confirmed that on May 25, 2021, it submitted to the Board of Directors of Welbilt, Inc. NYSE: WBT a proposal under which Ali Group would acquire all of the outstanding shares of Welbilt common stock for 23.00 per share in cash. This proposal represents a premium of 47.2 to the Welbilt share price as of A 