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CORPORATE FRANCHISE BUSINESS OPPORTUNITY IN INDIA

Reliance & Havells enter PE party to snap up Whirlpool

Whirlpool Corp is divesting a 31% stake in its Indian arm, attracting interest from Reliance Retail, Havells India, and buyout funds like EQT and Bain Capital. This move is part of a global restructuring following a $1.5 billion loss, with the aim to raise $550-600 million.

from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/consumer-durables-and-information-technology/consumer-electronics/reliance-and-havells-vie-for-whirlpool-of-india-amidst-buyout-buzz/121965607
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