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Whirlpool To Pare Stake In India Unit To 20% This Year, Eyes $600 Million Raise

US appliances maker Whirlpool Corp. plans to reduce ownership in its India unit to nearly 20% by mid to late 2025 through one or more share sale, the company announced on Thursday.

The parent currently holds 51% stake in Whirlpool of India Ltd. and expects to remain the largest shareholder…

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