Whirlpool's India unit rises on report PE firms eyeing stake

Whirlpool

29/04/2025 06:28

** Shares of Whirlpool of India WHIR.NS rises 8.7% to 1,304 rupees

** Bain Capital, TPG, Carlyle, KKR, Advent International among private equity funds vying for stake in the Indian arm of Whirlpool WHR.N, Economic Times reports

** Whirlpool had previously announced plans to halve its stake in the Indian unit to 20%

** Bain, TPG, Carlyle, KKR, Advent and Whirlpool did not immediately respond to Reuters' requests for comment

** About 1.6 mln shares traded vs 30-day avg of ~600,000

** YTD, WHIR has fallen 29%

 (Reporting by Hritam Mukherjee and Yagnoseni Das in Bengaluru)

 ((Hritam.Mukherjee@thomsonreuters.com;))