Whirlpool Divests 11.2% Stake In Indian Unit
Whirlpool Mauritius, which controls the stake in the Indian unit, sold 14.25 million shares on Thursday at an average price of Rs 1,044.97 each
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Whirlpool Corp Plans To Divest Up to 24% Stake In India Subsidiary To Reduce Debt
- by BW Retail World Bureau
- December 1, 2023
On Thursday, Whirlpool Corp revealed its plan to divest up to 24 per cent of its ownership interest in Whirlpool of India in 2024, aiming to alleviate debt levels. The company, not disclosing the deal value, assured that the sale would not impact its previously provided full-year forecast, as detailed in a filing. Whirlpool of […]