PRA and PampA advise Schneider to buy 74 stake in Luminous

PRA and PampA advise Schneider to buy 74 stake in Luminous
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French engineering company, Schneider Electric has acquired 74 per cent stake in leading inverter maker Luminous Power Technologies for Rs. 1,400 crore ($311 million). This move will give the French giant access to the domestic retail market for electrical goods.

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