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Schneider Electric Assumes Full Ownership of Indian JV

MT Newswires·12/18/2025 23:38:25
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11:38 PM EST, 12/18/2025 (MT Newswires) -- Schneider Electric (SU.PA) concluded the purchase of the remaining 35% stake in its Schneider Electric India joint venture from Temasek. The transaction was announced by the French industrial technology company in July, according to a Thursday release. Schneider Electric agreed to purchase Temasek's stake for 5.5 billion euros in cash.