Whirlpool sells 24% stake in India unit for $468 million

Whirlpool of India

20/02/2024 11:42

Feb 20 (Reuters) - Whirlpool  WHR.N  said on Tuesday it
has executed a sale of 24% of its stake in its India unit for
about $468 million.
    Whirlpool conducted the sale through its subsidiary in
Mauritius, reducing its stake in the entity from 75% to 51%.

 (Reporting by Shivansh Tiwary in Bengaluru; Editing by Shilpi
Majumdar)
 ((Shivansh.Tiwary@thomsonreuters.com; +91 9708363192;))