Reliance Retail, Havells India Show Interest In Whirlpool Stake: Reports
The report notes that while retaining a 20 per cent equity stake in Whirlpool of India, Whirlpool Corp is divesting a 31 per cent stake in the company
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Whirlpool India Sees Revenue Growth Driven By Premium Products & Cost Efficiency
- by BW Retail World Bureau
- May 22, 2024
Quarterly revenue rises 3.66 per cent, with strong market share gains in refrigerators and washers Consumer durables maker Whirlpool reported a 3.66 per cent increase in revenue from operations, reaching Rs 1,734 crore for the quarter under review, compared to Rs 1,672.65 crore in the same period last year. The company’s profit growth was attributed […]
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Whirlpool To Sell 24% Stake In Indian Unit For Up To $451 Mn
- by BW Retail World Bureau
- February 20, 2024
Appliance maker Whirlpool is selling a 24 per cent stake in its Indian unit this week for up to USD 451 million via stock market deals, according to a term sheet seen by Reuters, amid record stock markets in the country. Whirlpool plans to sell the stake at a price of Rs 1,230, a 7 […]