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Schneider in talks for Temasek's stake in JV

Mint Mumbai

|

July 17, 2025

Schneider Electric SE is considering buying out the remaining stake in its India venture from minority partner Temasek Holdings Pte, according to people familiar with the matter.

- Bloomberg

Schneider is in talks to buy the 35% stake held by the Singapore state investment company in Schneider Electric India Pvt for about $1 billion, the people said, asking not to be identified because the deliberations are private. A potential transaction could value the whole venture at roughly $5 billion including debt, the people said.

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