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Following the sale, the parent firms holding has come down to 51% from 75%. The American consumer durables maker expects to use the proceeds from the stake sale to reduce debt. ....
By Colin Kellaher Whirlpool has sold a large chunk of its controlling stake in Whirlpool of India for about $468 million, but the appliance maker still owns. ....
Whirlpool (WHR) Sells 30.4M Shares of Whirlpool India for $468M streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Whirlpool to sell 24% in India unit for up to $451 million financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
The Whirlpool Corporation on Thursday announced its intention to enter into one or more transactions to sell up to 24 per cent of its ownership interest in Whirlpool of India Limited (Whirlpool India) in 2024. ....