Schneider, Eaton frontrunners buys L&T’s electric & automation unit for ₹14,000 cr

Schneider, Eaton frontrunners buys L&T’s electric & automation unit for ₹14,000 cr

Schneider Electric SE, the French industrial multinational and Eaton Corp have emerged as the top contenders to acquire Larsen & Toubro’ electric and automation division for Rs 14,000 crore as India’s largest engineering group looks to prune its portfolio and exit non-core areas, said three officials aware of the ongoing developments. Infrastructure and engineering major […]