Is my portfolio
One Report to Answer all your Questions!
Larsen & Toubro Ltd.
BSE: 500510 | NSE: LT
Large Cap | Engineering - Construction
4037.65
115.65 (2.95%) CCI gives green signal for acquisition of L&T’s electrical & automation business by Schneider
Date: 22-04-2019The Competition Commission of India (CCI) has given its approval for acquisition of electrical and automation business of Larsen & Toubro (L&T) by Schneider and MacRitchie. However, the deal is subject to compliance of certain modifications.
L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $18 billion in revenue.