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Economy / The Economic Times

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Whirlpool offloads 11.2% stake in Indian unit through bulk deals

Whirlpool Corporation has sold an 11.2% stake in its Indian subsidiary, Whirlpool of India. This move is part of a larger plan to reduce its ownership. The sale generated approximately 1,490 crore. The parent company aims to complete its stake reduction by the first half of 2026. Proceeds will be used to repay debt.

28 Nov 2025 12:07 am