India's L&T to sell unit to Schneider-Temasek consortium for $2.1b

India's L&T to sell unit to Schneider-Temasek consortium for $2.1b

Photo: Bloomberg

Larsen & Toubro Ltd., India’s largest engineering and construction company, has agreed to sell its electrical unit to a consortium led by Schneider Electric SE, people with knowledge of the matter said.

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