Larsen and Toubro is in talks with the co-promoters of Haryana Sheet Glass for the sale of its glass bottling business. The negotiations are said to be at an advanced stage, although shareholder appro…
Larsen and Toubro is in talks with the co-promoters of Haryana Sheet Glass for the sale of its glass bottling business. The negotiations are said to be at an advanced stage, although shareholder approval will need to be sought for the sale of the division. The deal is expected to be worth around INR 800 million. The other company bidding to acquire the Larsen and Toubro glass bottling business is Hindustan National Glass.