Advent's $1B Whirlpool India Stake Deal Collapses Over Valuation

• Advent International's talks to acquire a stake in Whirlpool of India have collapsed.
• The potential $1 billion deal failed due to disagreements over valuation between Advent and Whirlpool.
• Advent sought to acquire a 31% stake, which would have led to a mandatory open offer for a majority.
• Whirlpool aimed to reduce its 51% stake to about 20% to raise $550-600 million for debt repayment.
• Disagreements stemmed from Advent wanting lower pricing due to market headwinds and Whirlpool seeking higher value.

Why It Matters: Deal collapse highlights valuation gaps and competitive pressures in India's market.