Whirlpool of India shares in focus as $1 billion stake sale talks with Advent collapse

Acquisition talks between Advent International and Whirlpool Corp to sell a 31% stake in Whirlpool of India have collapsed over valuation differences. Advent reportedly sought a lower price, citing regulatory headwinds, while Whirlpool aimed to raise funds to repay debt. The failed deal would have significantly altered ownership. Whirlpool of India reported 16% FY24 revenue growth but faces intense competition.