PRA and PampA advise Schneider to buy 74 stake in Luminous

PRA and PampA advise Schneider to buy 74 stake in Luminous

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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