STOCKWATCH
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Household Appliances
Shareholding28 Nov 2025, 05:21 pm

Whirlpool Corporation Reduces Ownership in Whirlpool India by 11% for $166M

AI Summary

Whirlpool Corporation's wholly-owned subsidiary, Whirlpool Mauritius Limited, executed the sale of 14,255,000 equity shares of its publicly listed Whirlpool of India Limited subsidiary via an on-market trade. The transaction reduces Seller's ownership in Whirlpool India from 51% to approximately 40%, generating gross sales proceeds of approximately $166 million on settlement, which occurred on November 28, 2025. The Company continues to evaluate all transaction options to further reduce its equity stake in Whirlpool India in line with its prior-stated equity reduction goal by the end of the first half of 2026. The Company expects to use transaction proceeds to reduce debt. The forward-looking statements in this report speak only as of the date of this current report, and the Company assumes no obligation to update or revise them.

Key Highlights

  • Whirlpool Corporation reduces ownership in Whirlpool India by 11%
  • Transaction generated gross sales proceeds of approximately $166 million
  • Company to further reduce its equity stake in Whirlpool India
  • Proceeds to be used to reduce debt
  • Transaction executed by Whirlpool Mauritius Limited
WHIRLPOOL
Household Appliances
WHIRLPOOL OF INDIA LTD.

Price Impact