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20.02.2024 14:45:58 - dpa-AFX: Whirlpool Mauritius Reduces Ownership In Whirlpool India To 51%
WASHINGTON (dpa-AFX) - Whirlpool Corp. (WHR) said its subsidiary, Whirlpool
Mauritius, has executed the sale of 30.4 million equity shares of Whirlpool
India via an on-market trade. The transaction reduces seller's ownership in
Whirlpool India from 75% to 51%, and will generate gross sales proceeds of
approximately $468 million. Whirlpool Corporation expects to use transaction
proceeds to reduce debt. The company expects settlement of the share sale to
occur on February 21, 2024.
On November 30, 2023, Whirlpool Corporation announced its intention to enter
into one or more transactions to sell up to 24% of the outstanding shares of
Whirlpool India in 2024.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
Mauritius, has executed the sale of 30.4 million equity shares of Whirlpool
India via an on-market trade. The transaction reduces seller's ownership in
Whirlpool India from 75% to 51%, and will generate gross sales proceeds of
approximately $468 million. Whirlpool Corporation expects to use transaction
proceeds to reduce debt. The company expects settlement of the share sale to
occur on February 21, 2024.
On November 30, 2023, Whirlpool Corporation announced its intention to enter
into one or more transactions to sell up to 24% of the outstanding shares of
Whirlpool India in 2024.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
| Name | WKN | Börse | Kurs | Datum/Zeit | Diff. | Diff. % | Geld | Brief | Erster | Schluss | |
|---|---|---|---|---|---|---|---|---|---|---|---|
 |
WHIRLPOOL CORP. DL 1 | 856331 | Frankfurt | 81,360 | 07.06.24 09:10:22 | -0,240 | -0,29% | 0,000 | 0,000 | 81,280 | 81,360 |
