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Torrent nears deal to buy L&T unit for $1.2 bn
Financial Express Ahmedabad
|November 27, 2025
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.
Cette histoire est tirée de l'édition November 27, 2025 de Financial Express Ahmedabad.
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