The liquidity from the stake sale will help the American multinational company pare its debt and deleverage its balance sheet.
The block deal will be offered at a floor price of ₹1,230 per share, representing a 7.6% discount from Monday's closing price of ₹1,331.20 on the NSE.
Goldman Sachs is managing the sale on behalf of the promoter, the term sheet said.
Whirlpool Mauritius Ltd. held a 75% stake in Whirlpool of India as on 31 December 2023, stock exchange filings show.
Bu hikaye Mint Mumbai dergisinin February 20, 2024 sayısından alınmıştır.
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Bu hikaye Mint Mumbai dergisinin February 20, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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