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Whirlpool Seeks $600M Stake Sale in India to Top PE Funds’ Sights

Whirlpool Corp’s Strategic Divestment of 31% Stake

Whirlpool Corp (NYSE: WHR) has launched a process to sell a 31% stake in its listed Indian arm, Whirlpool of India Ltd (NSE: WHIR), targeting $550–600 million in proceeds while retaining a 20% interest. The Indian unit drives 85% of Whirlpool’s Asia revenue, highlighting its central role in the company’s growth strategy.

Key Stake Sale Highlights

  • Stake offered: 31% of Whirlpool of India

  • Whirlpool’s post-sale hold: 20%

  • Proceeds target: $550–600 million

  • Advisor: Goldman Sachs

  • Interested parties: Advent, Bain, TPG (NASDAQ: TPG), EQT, Carlyle (NASDAQ: CG), KKR (NYSE: KKR)

Strong Interest from Leading Buyout Firms

Private equity giants are circling the deal, with consortium bids likely as multiple firms explore teaming up. Whirlpool of India shares surged 4.3% to ₹1,251 on Tuesday morning (09:48 IST), reflecting market enthusiasm.

Investors can quickly gauge Whirlpool Corp’s valuation health—P/E, market cap, and leverage metrics—using the Company Information API, which offers real-time company profiles ideal for monitoring how parent-company fundamentals evolve amid this divestment.

Why Whirlpool of India Attracts PE Capital

  • High Asia revenue: 85% contribution

  • Market leadership in home appliances

  • Robust growth potential in India’s expanding consumer market

  • Continuity: Whirlpool remains largest shareholder

Next Steps and Valuation Insights

Goldman Sachs kicked off the sale earlier this month, and if funds form consortia, bid competition could push implied valuations higher. To track Whirlpool’s underlying valuation trends—such as EV/EBITDA and cash-flow yield—FP users often reference the Ratios TTM API, which delivers up-to-date profitability and leverage ratios.

Conclusion

As this high-profile stake sale unfolds, competition among top PE houses could elevate deal multiples, while investors watch how Whirlpool leverages the influx of capital to strengthen its global footprint.

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