Temasek and Schneider Electric Eye L&T Electrical Unit

Posted on 04/22/2018


Singapore’s Temasek Holdings and France-based Schneider Electric are in talks to acquire Larsen & Tourbo’s electrical and automation business. This unit is valued between Rs 13,000 crore to Rs 15,000 crore, according to sources. The unit makes products such as voltage switchboards, electronic energy meters, switchgear components and automation products. Mumbai-based Larsen & Toubro Limited […]

Get News, People, and Transactions, Delivered to Your Inbox