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L&T sells plastic machinery biz to Toshiba in restructuring drive

Aug 28, 2012    

Mumbai: Continuing with the strategy of rationalising its portfolio by exiting non-core businesses, engineering major Larsen & Toubro (L&T) t has sold its entire stake in L&T Plastics Machinery (LTPML) to a Japanese company Toshiba Machine Company Ltd."L&T today signed a share sale and purchase agreement, pending final closing conditions, with Toshiba Machine ...

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