Larsen & Toubro negotiates sale of its glass unit

India“s building materials group Larsen & Toubro Ltd. is negotiating with US-based glass company Owens Corning to sell its glass unit in Nashik, Maharashtra, reports the “Economic Times“.
“We have…

India“s building materials group Larsen & Toubro Ltd. is negotiating with US-based glass company Owens Corning to sell its glass unit in Nashik, Maharashtra, reports the “Economic Times“. “We have been discussing the possibility of the sale of the glass unit with a few players including Owens Corning although not much progress has been made,” the newspaper quotes a Larsen & Toubro official as saying.