Rs 14000-crore deal: L&T to sell its automation, electrical biz to Scheider
India’s heavy engineering major Larsen & Toubro (L&T) has signed definitive agreements with Schneider Electric for divesting the company’s electrical and automation (E&A) business for an all-cash consideration of Rs 14,000 crore, the company said in a statement on Tuesday. The company’s E&A …
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