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MoneyWorks4Me

Larsen & Toubro’s arm inks pact to acquire 6.35% stake in Help Lightning INC

19 May 2021 Evaluate

Larsen & Toubro’s (L&T's) wholly owned subsidiary -- Larsen & Toubro International FZE (LTIFZE) has entered into a Share Purchase Agreement to purchase, 6.35% stake in Help Lightning INC., a Delaware Corporation. The acquisition helps businesses carry out processes more efficiently without the need for experts to travel to sites. Also, extremely useful in minimizing disruptions caused by the Pandemic.  

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.

Peers
Company Name CMP
Larsen & Toubro 3858.00
Kalpataru Projects 1335.50
NCC 114.55
Rail Vikas Nigam 179.80
KEC International 329.65
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