Larsen & Toubro (L&T) is all set to divest its 100% stake in L&T Infrastructure Engineering (LTIEL), a provider of standalone engineering consultancy services for the infrastructure sector in India. The stake has been acquired by STUP Consultants, a subsidiary of Assystem SA of France. This transaction aligns with Larsen & Toubro’s commitment to focus on its core businesses and assets. The transaction is currently pending completion of customary closing conditions and is expected to be concluded before January 15, 2024.
L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 4045.00 |
| Kalpataru Projects | 1316.40 |
| Rail Vikas Nigam | 234.00 |
| KEC International | 479.20 |
| NCC | 145.60 |
| View more.. | |
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