Current Affairs - Business - Discussion

Discussion :: Business - Latest Current Affairs (Q.No.35)

35. 

L&T Technology Services, the engineering services arm of Larsen and Toubro Group, informed that it will acquire a 100 % stake in which Texas-based company?

[A]. PCL Construction
[B]. Orchestra Technology
[C]. Bechtel Group Inc
[D]. Turner Construction

Answer: Option B

Explanation:

L&T Technology Services(LTTS), the engineering services arm of Larsen and Toubro Group, informed that it will acquire a 100 % stake in Texas-based Orchestra Technology(Tech). The acquisition is an all cash deal of USD 25 million, or about Rs 187 crores.

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