Whirlpool Corporation (WHR)’s $1B India Unit Divestment Push Falls Through

Core Insights - Whirlpool Corporation is facing challenges in its divestment plans for its India unit, which was intended to raise $1 billion to help repay debts [2][3] - The negotiations with Advent International for a 31% stake acquisition collapsed due to disagreements on valuation, as Advent sought a lower price amid Whirlpool's short-term difficulties in India [3][4] - The company is also discontinuing production at its manufacturing facility in Argentina, aligning with its strategic focus on operational efficiency, while continuing importation and distribution activities in the country [5] Company Overview - Whirlpool Corporation is a leading global home appliance manufacturer, known for brands such as Whirlpool, KitchenAid, Maytag, JennAir, and Amana, offering a range of products from basic to smart appliances [6] - The company currently holds a consensus rating of Hold from analysts, with an average 12-month price target of $68.25, indicating a potential decline of 13.45% from its current price of $78.86 [1]