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Edelweiss Alternatives acquires 100 per cent stake in L&T infrastructu
Updated : 1 year, 11 months ago IST
According to a press release, L&T Infrastructure Development Projects Limited, a subsidiary owned 51 per cent by Larsen & Toubro Limited (L&T) and 49 per cent by Canada Pension Plan Investment Board (CPP Investments), boasts a portfolio comprising seven operating roads and one po
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Edelweiss Alternatives acquires L-T Infrastructure Development Projects
Updated : 3 years, 3 months ago IST
With this, L&T will divest its entire stake in the concession subsidiary, L&T IDPL. This is in line with L&T's strategy of reducing its exposure to the non-core asset-heavy developmental projects portfolio, according to a statement from Larsen and Toubro.
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