Whirlpool soars 10% as PE firms eye stake; stock up 33% thus far in April

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Whirlpool soars 10% as PE firms eye stake; stock up 33% thus far in April - Business Standard

Quick Summary:

On January 29, 2025, Whirlpool Corporation announced its intention to sell down its ownership interest in Whirlpool to about 20 per cent this year via market sale by mid-to-late 2025.

The Company also provides services in the area of product development and procurement services to Whirlpool Corporation, USA and other group Companies.

Whirlpool India, headquartered in Gurugram, Haryana, is one of the leading manufacturers and marketers of major home appliances in the country.