Schneider Electric in Discussions to Acquire Temasek's Stake in Indian Joint Venture
1 week ago / Read about 0 minute
Author:小编   

Schneider Electric is reportedly in negotiations to acquire a 35% stake held by Temasek Holdings in their Indian joint venture, in a potential deal valued at $1 billion. According to reliable, unnamed sources, these discussions are currently ongoing and are being kept confidential. Should the transaction materialize, the total valuation of the joint venture, inclusive of its debt, is expected to reach approximately $5 billion.