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Deal● Neutral for Whirlpool of India
Not party to parent's talks with potential stake buyers: Whirlpool of India
The brief
- Whirlpool of India is not privy to the terms, price or stage of talks
- Promoter Whirlpool Mauritius is exploring a share sale with multiple potential buyers
- Uncertainty over a potential stake sale matters to Whirlpool of India shareholders
| Stock | Traded | That day | vs Nifty | Volume | Since |
|---|---|---|---|---|---|
| WHIRLPOOL | Fri, 25 Sept | +7.7% | +7.3% | 20× | +7.7% · Nifty +0.3% |
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Whirlpool of India promoter stake sale
Reports said Whirlpool Mauritius was exploring a share sale to potential buyers. Whirlpool of India said it was not privy to the terms, price or stage of the talks.
Friday, 25 September
Thursday, 24 September
- Not party to parent's talks with potential stake buyers: Whirlpool of India