August 16, 2017 / 10:56 AM / 2 years ago

BRIEF-Larsen & Toubro to divest entire stake in L&T Cutting Tools for 1.74 bln rupees

Aug 16 (Reuters) - Larsen & Toubro Ltd:

* Says entered into definitive agreement on August 16, 2017 for divestment of its entire stake in L&T Cutting Tools Limited

* Says agreement with IMC International Metalworking Companies B.V, a company owned by Berkshire Hathaway Inc

* Says consideration for sale is 1.74 billion rupees Source text: (bit.ly/2uHOjq9) Further company coverage:

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