Trilegal, SAM get CCI nod for Schneider and Larsen & Toubro deal

Trilegal, SAM get CCI nod for Schneider and Larsen & Toubro deal

The Competition Commission of India has given approval to Schneider and MacRitchie Investments’ (an investment holding company of Temasek Holdings) acquisition of Larsen & Toubro’s electrical and automation business in a 14,000-crore deal. However, the deal is subject to compliance of certain modifications.

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