Whirlpool Sells 11% Stake in Whirlpool India for $166 Million

Reuters
2025.11.28 11:05
portai
I'm PortAI, I can summarize articles.

Whirlpool Corporation's subsidiary, Whirlpool Mauritius Limited, sold 11% of Whirlpool India, reducing its stake from 51% to 40%. The sale generated $166 million, intended to reduce company debt. Whirlpool aims to further reduce its stake by mid-2026. The transaction was settled on November 28, 2025.