Whirlpool Corporation plans to reduce its stake in Whirlpool of India from 51% to around 20% by mid-to-late 2025 through market sales. The company aims to grant more autonomy to its Indian arm while ...

Whirlpool Corporation plans to reduce ownership stake in Whirlpool of India to 20% by 2025 for growth and autonomy.

Cash-strapped shoppers are willing to spend for essential items like toilet paper and shampoo though. Read more at straitstimes.com.

The announcement by the US appliance giant comes at a time when its India business is delivering strong performance. The company reported a 40.13% rise in its consolidated net profit to Rs 53.53 crore ...

Whirlpool Corporation has announced its intention to sell down its ownership interest in Whirlpool of India Ltd to ...

Despite these headwinds, Whirlpool still trades at 50x trailing earnings. The implied growth rate (i.e., the future growth ...

Whirlpool Corp said it would more than halve its stake in its Indian unit to about 20%, sending Whirlpool of India's shares ...

Currently, Whirlpool Corporation holds a 51% stake in Whirlpool India and plans to remain the largest shareholder after ...

Home appliances maker Whirlpool of India said on Thursday its parent Whirlpool Corp intends to reduce its stake in the ...

Whirlpool Corporation announced its intention to sell down its ownership interest in Whirlpool India to approximately 20 per cent by mid to late 2025 ...

Whirlpool Corporation plans to reduce stake in Indian subsidiary to 20% by 2025, focusing on growth and autonomy.

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 ...