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Whirlpool of India fell 3% after Bain Capital dropped its plan to acquire a 31% stake, citing high valuation concerns and the company limited premium market presence. EQT now remains the sole bidder, negotiating at a lower valuation, while other potential buyers like TPG, KKR, Havells, and Reliance have also exited.
short by / 04:47 pm on 10 Sep
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