11/28/2025 | Press release | Distributed by Public on 11/28/2025 05:05
| Item 8.01. |
Other Events |
On November 27, 2025, Whirlpool Corporation's (the "Company") wholly-owned subsidiary, Whirlpool Mauritius Limited ("Seller"), executed the sale of 14,255,000 equity shares of the Company's publicly listed Whirlpool of India Limited subsidiary ("Whirlpool India") via an on-markettrade. The transaction reduces Seller's ownership in Whirlpool India from 51% to approximately 40%, and generated gross sales proceeds of approximately $166 million on settlement, which occurred on November 28, 2025. The Company continues to evaluate all transaction options to further reduce its equity stake in Whirlpool India in line with its prior-stated equity reduction goal by the end of the first half of 2026. The Company expects to use transaction proceeds to reduce debt.