Schneider Electric SE
SU: XPAR (FRA)
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Schneider Electric: Acquiring Remaining 35% Stake in Its Indian Joint Venture Is a Logical Move
Schneider Electric has agreed to acquire the remaining 35% stake of its Indian joint venture from Temasek for EUR 5.5 billion. The joint venture was formed during the acquisition of Larsen & Toubro's electrical and automation business in 2020, with Temasek being a financial partner.
