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Torrent nears deal to buy L&T unit for $1.2 bn
November 27, 2025
|Financial Express Pune
TORRENT POWER'S TALKS to acquire Larsen & Toubro's (L&T) thermal power business are at an advanced stage, with an agreement expected to be reached before the year-end, people familiar with the discussions said.
The companies are close to a deal that may value the business at about $1.2 billion, including debt, the people said, asking not to be identified.
Deliberations are ongoing and details may change, the people said, adding that other bidders might still emerge.
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Financial Express Pune
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'Micro-LAP, small home loans stress pockets in retail credit'
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1 min
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