Construction major Larsen & Toubro and Canadian pension fund manager Canada Pension Plan Investment Board (CPP) have sold their 100% stake in L&T IDPL, infra asset ownership entity, for `6,000 crore EV. `2,720 crore is the gross equity receipts with L&T’s 51% share implying `1,390 crore receipt. Buoyant equity markets is helping L&T with its […]
