Tag: Elica PB India

Whirlpool India to acquire majority stake in Elica PB India

Whirlpool of India Ltd. announced that it has entered into a share purchase agreement with Elica S.p.A to acquire an additional stake in Elica PB India. Elica PB India will become a majority-owned subsidiary of Whirlpool India and its financial statements will be consolidated within Whirlpool India. The transaction is expected to close by the…