Larsen & Toubro (L&T) said that it has signed a deal to sell its entire stake of 51% in L&T Infrastructure Development Projects Limited (L&T IDPL) to a portfolio company of Infrastructure Yield Plus II, for a price of around INR 2,723 crores. The sale aligns with Larsen & Toubro’s strategy of lessening its exposure […]
Larsen & Toubro (L&T) and Canada Pension Plan Investment Board (CPP Investments) have agreed to sell L&T Infrastructure Development Projects Limited (L&T IDPL) to Infrastructure Yield Strategy, a platform backed by Edelweiss Alternatives. The consideration for the deal is around INR 6,000 crores. The portfolio of L&T Infrastructure Development Projects includes eight roads and a […]
