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    HomeNewsBusinessMarketsWhirlpool cashing out at juicy valuation in India unit a one-off instance, or an MNC trend?

    Whirlpool cashing out at juicy valuation in India unit a one-off instance, or an MNC trend?

    Market experts believe the Whirlpool stake sell could be a one-off, and that other global multinationals with listed Indian subsidiaries were unlikely to see things that way

    Srushti Vaidya
    February 28, 2024 / 14:30 IST
    Whirlpool cashing out at juicy valuation in India unit a one-off instance, or an MNC trend?

    Last week, Whirlpool Corporation through its wholly-owned subsidiary, Whirlpool Mauritius, sold a 24 percent stake in the India arm, reducing its holding to 51 percent.

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