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L&T to raise over $1 billion via asset sales, say sources
| Apr 28, 2015, 04:10:12 PM
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L&T has embarked upon a massive monetisation exercise by putting many of its assets up for sale to unlock value. ET Now has learnt that L&T looks to raise over $1 billion via several asset sales. L&T's fund raising process includes 10% stake sale in L&T Infotech and complete sale of L&T Vales and L&T Alloys, sources with direct knowledge said.
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