Whirlpool Sells 11% Stake in Whirlpool India for $166 Million
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.
Whirlpool Corporation announced that its wholly-owned subsidiary, Whirlpool Mauritius Limited, has sold 14,255,000 equity shares of its publicly listed subsidiary, Whirlpool of India Limited, through an on-market trade. This transaction reduced Whirlpool Mauritius Limited’s ownership in Whirlpool India from 51% to approximately 40%, generating gross sales proceeds of about $166 million upon settlement on November 28, 2025. Whirlpool Corporation stated that it continues to explore further options to reduce its equity stake in Whirlpool India, aiming to achieve its previously stated equity reduction goal by the end of the first half of 2026. Proceeds from the transaction are expected to be used to reduce company debt. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Whirlpool Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-301150), on November 28, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
