SOURCE: IHS Jane’s Defence Weekly Indian group Larsen & Toubro (L&T) has acquired Airbus’ stake in a defence joint venture (JV) the two companies established in 2011.L&T said in a filing to the Bombay Stock Exchange that the 26% stake in the JV, named L&T Cassidian Ltd (LTCL), was acquired with cash for just INR87,000 (USD1,331). […]
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