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.
The company, which currently holds a 51 per cent stake, said in a stock exchange filing that it would sell shares in one or ...
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 of India hit the lower circuit of 20% at Rs 1262.15 after the company's parent, Whirlpool Corporation, announced its intention to sell 20% stake in the company by mid to late 2025 by way of ...
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 ...
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 ...
Whirlpool Corporation plans to reduce stake in Indian subsidiary to 20% by 2025, focusing on growth and autonomy.