--Indian engineering company Larsen & Toubro Ltd. agreed to sell its electrical unit to a consortium led by Schneider Electric for 140 billion rupees ($2.09 billion) including debt, Bloomberg reports, citing unnamed sources.

--Schneider will own 74% of the unit, while Singapore's Temasek will take the remaining 26%, according to Bloomberg.

 

Full story: https://bloom.bg/2HJOeok

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

April 30, 2018 13:14 ET (17:14 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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