Whirlpool India to increase stake in Elica PB India to 87% in $57m deal
Whirlpool of India Ltd. (Whirlpool India) has agreed to acquire an additional stake of around 38% in Elica PB India, a manufacturer of kitchen hoods and chimneys, for $57 million from its joint venture partner Elica S.p.A. The deal will enable Whirlpool India to increase its stake to around 87% to make Elica PB India […]