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L&T trades higher after selling off entire stake in infra development arm

Through the sale, L&T’s 51 percent and CPP Investments’ 49 percent stakes have been acquired by Epic Concesiones Private Limited which is an investee company of Edelweiss Infrastructure Yield Plus Strategy and is currently managed by Edelweiss Alternative Asset Advisors Limited (EAAA).

Larsen & Toubro Divests Entire Stake In L&T Infrastructure Development Projects

Both L&T (51 per cent) and CPP Investments (49 per cent) stakes have been acquired by Epic Concesiones Private Limited, an investee company of Edelweiss Infrastructure Yield Plus Strategy, managed by Edelweiss Alternative Asset Advisors Limited (EAAA).

L&T sells entire 51% stake in L&T Infrastructure Development Projects Limited

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