Whirlpool set to sell 24% stake in Indian unit for up to $451 million
Whirlpool plans to sell the stake at a price of Rs 1,230 per share, a 7.6 per cent discount to Monday's closing price. It aims to complete the deal by Wednesday.
Whirlpool said in a US filing in November that it planned sell the stake in a bid to reduce debt. | Image: Reuters