Brief: Whirlpool To Sell Up To 24% Stake Worth $451 Mln In India Unit Via Block Deal - Term Sheet

Whirlpool of India

19/02/2024 12:39

Feb 19 (Reuters) - 
  
    * WHIRLPOOL TO SELL UP TO 24% STAKE WORTH $451 MILLION IN
INDIA
UNIT VIA BLOCK DEAL - TERM SHEET
    * WHIRLPOOL TO SELL INDIA STAKE AT 1,230 RUPEES PER SHARE, A
7.6%
DISCOUNT TO MONDAY'S CLOSE - TERM SHEET
    * GOLDMAN SACHS ADVISING ON WHIRLPOOL INDIA STAKE SALE -
TERM SHEET
    * WHIRLPOOL INDIA DEAL TO CLOSE TUESDAY, SETTLEMENT BY
WEDNESDAY-
TERM SHEET


 ((Reuters.Briefs@thomsonreuters.com;))