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India, Whirlpool
Whirlpool intends to reduce stake in India unit to about 20% in 2025
Home appliances maker Whirlpool of India said on Thursday its parent Whirlpool Corp intends to reduce its stake in the company to about 20% this year via market sale. Whirlpool Corp in its fourth-quarter earnings results said it expects net cash proceeds of $550 million to $600 million from the above-anticipated India transaction and sees the deal closing by mid to late 2025.
Whirlpool Corporation to pare down stake in India unit to 20% this year
Whirlpool Corporation plans to reduce ownership stake in Whirlpool of India to 20% by 2025 for growth and autonomy.
Whirlpool India's US parent intends to sell down ownership to 20% from current 51%
Whirlpool India's holding company, Whirlpool Corporation, has announced its intention to sell down its stake in the Indian unit to about 20% by mid to late 2025, through one or more market sales, from the current 51% ownership, an exchange said on January 30.
Whirlpool of India hits the floor after parent firm plans to cut 20% stake in Whirlpool India
Whirlpool of India hit the lower circuit of 20% at Rs 1262.15 atter the company's parent, Whirlpool Corporation, announced its intention to sell 20% stake in the company by mid to late 2025 by way of one or more market sales.
Whirlpool Corp to cut stake in Indian arm to 20% in 2025
Whirlpool Corporation plans to reduce stake in Indian subsidiary to 20% by 2025, focusing on growth and autonomy.
Whirlpool To Reduce Stake In India This Year? Here's What The Appliances Giant Said
Whirlpool Corporation plans to lower its stake in Whirlpool of India to about 20 per cent through a market sale by mid-to-late 2025, the company announced on Thursday.Despite the sell-down, Whirlpool
Whirlpool planning to reduce stake in India unit to about 20% in 2025
Home appliances maker Whirlpool of India said on Thursday its parent Whirlpool Corp intends to reduce its stake in the company to about 20 per cent this year via market sale.
Whirlpool of India share price hits 20% lower circuit as parent plans to sell 20% stake
Whirlpool of India shares fell 20% to the lower circuit limit on January 30 after the company announced its parent intends to sell a 20% stake.
The Financial Express
4h
Whirlpool Corporation hints at trimming down its ownership in India unit to 20% by mid to late 2025
Whirlpool Corporation has announced its intention to sell down its ownership interest in Whirlpool of India Ltd to ...
9h
on MSN
Whirlpool swings to a loss and guides for more weakness in 2025, sending stock down
Whirlpool Corp.’s stock tumbled nearly 14% in after-hours trade Wednesday, after the appliance maker swung to a loss in the fourth quarter and offered soft guidance for 2025.
4h
Whirlpool share’s price-to-story: Why a 20% single-day fall may not be a buy
Despite these headwinds, Whirlpool still trades at 50x trailing earnings. The implied growth rate (i.e., the future growth ...
14h
Whirlpool Corp. Q4 Earnings Summary
Below are the earnings highlights for Whirlpool Corp. (WHR): Earnings: -$393 million in Q4 vs. $491 million in the same period last ...
7h
on MSN
State-owned firms, Bajaj Finance prop up India's benchmark indexes
India's benchmark indexes inched higher on Thursday, led by state-owned companies and non-bank lender Bajaj Finance, while a ...
3h
KitchenAid parent company Whirlpool’s weak 2025 outlook shows people still are not buying
Cash-strapped shoppers are willing to spend for essential items like toilet paper and shampoo though. Read more at straitstimes.com.
13h
on MSN
Whirlpool shares tumble 11% as FY25 outlook disappoints
BENTON HARBOR, Mich. - Whirlpool Corporation (NYSE:WHR) reported fourth-quarter earnings that beat analyst estimates, but ...
14h
Whirlpool Q4 Earnings Highlights: EPS Beat, Revenue Miss, Stock Falls On Guidance
What Happened: Whirlpool reported fourth-quarter net sales of $4.14 billion, down 18.7% year-over-year. The revenue total ...
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