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(14 Aug 2024, 18:52)

Larsen & Toubro International FZE to acquire further 15% stake in L&T Oman

Larsen & Toubro International FZE (LTIFZE), a wholly owned step-down subsidiary of the Company, has entered into a Share Purchase Agreement with The Wave Development SPC (Wave) on 14 August 2024, for purchase of additional 15% stake in Larsen & Toubro (Oman) LLC (L&T Oman), an existing Joint Venture between LTIFZE and Wave. Post completion of the acquisition, LTIFZE shall hold 80% equity stake in L&T Oman.
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