Whirlpool intends to reduce stake in India unit to about 20% in 2025

Reuters

01-30

Whirlpool intends to reduce stake in India unit to about 20% in 2025

Jan 30 (Reuters) - Home appliances maker Whirlpool of India WHIR.NS said on Thursday its parent Whirlpool Corp WHR.N intends to reduce its stake in the company to about 20% in 2025 via market sale.

Whirlpool Corp currently has a 51% stake in its India unit.

(Reporting by Ashish Chandra in Bengaluru; Editing by Subhranshu Sahu)

((ashish.chandra@thomsonreuters.com; +91 7982114624;))

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