Whirlpool China Co., Ltd. (SHSE:600983) said home appliances firm Guangdong Galanz Group Co., Ltd. plans to buy 467.5 million shares, or 61.0% stake, in the company at CNY 5.23 apiece via tender offer. Whirlpool said the transaction price of this tender offer is up to CNY 2.4 billion ($366.91 million). Co's ownership to change after the transaction completed.