Whirlpool sells 24% stake in India unit for $468 million

Whirlpool Corp. offloaded 24% stake in its India unit via open market transactions for $468 million, or approximately Rs 3,882 crore, on Tuesday. Whirlpool Mauritius Ltd., a wholly owned subsidiary of the home appliance-maker, executed the sale of 3.04 crore shares of Whirlpool of India Ltd. via block deals.