Whirlpool, which currently holds a 51% ownership interest in Whirlpool of India, expects to remain largest shareholder ...
Whirlpool Corporation plans to reduce stake in Indian subsidiary to 20% by 2025, focusing on growth and autonomy.
Shares of Whirlpool of India Ltd fell by 20% after Whirlpool Corporation announced plans to reduce its stake in the Indian arm to 20% by 2025. Currently holding 51% ownership, the company expects to ...
The announcement by the US appliance giant comes at a time when its India business is delivering strong performance. The ...
Whirlpool's India arm misses Q4 profit view on stiff competition, higher input costs Sweden's Electrolux , the world's second-biggest appliances maker, said on Thursday its CEO of eight years ...
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.
Whirlpool Corporation plans to reduce its stake in Whirlpool of India from 51% to around 20% by mid-to-late 2025 through ...