L&T Agrees to $2.1 Billion Sale of Electrical Unit to Schneider -Bloomberg
30 Aprile 2018 - 7:29PM
Dow Jones News
--Indian engineering company Larsen & Toubro Ltd. agreed to
sell its electrical unit to a consortium led by Schneider Electric
for 140 billion rupees ($2.09 billion) including debt, Bloomberg
reports, citing unnamed sources.
--Schneider will own 74% of the unit, while Singapore's Temasek
will take the remaining 26%, according to Bloomberg.
Full story: https://bloom.bg/2HJOeok
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(END) Dow Jones Newswires
April 30, 2018 13:14 ET (17:14 GMT)
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