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

Srushti Vaidya   •

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

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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