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Whirlpool CEO says cut stake in Indian unit due to high valuation, stock sinks to 52-week low

Whirlpool CEO Marc Bitzer has said the has no plans to exit India. They decided to sell a 24 percent stake in Whirlpool India as its valuations were at an earnings multiple of 50 times, the CEO has said ....

Marc Bitzer , Mutual Fund , Whirlpool Corp , Whirlpool India , Whirlpool Mauritius , Dixon Tech , Whirpool India , Whirlpool Corporation , Stocks To Watch , Consumer Durables ,

Whirlpool to sell 24% stake in India unit for up to $451 million

Whirlpool, which is being advised by Goldman Sachs, aims to complete the deal by Wednesday. ....

Goldman Sachs , New Delhi August , Anindito Mukherjee , Whirpool India ,