Whirlpool China plans to sell fridge facilities to India unit

摘要

Hefei, Anhui - Whirlpool China is to sell a portion of its idle refrigerator facilities to the appliance group's India arm, pending shareholders' approval. The assets are valued at CNY11m ($1.6m), the majority inch is from the China unit's 4m unit/year high-end energy saving refrigerator project that was terminated this January, said the company's announcement.