L&T to sell medical equipment business

Engineering and construction major Larsen & Toubro (L&T) today said it is selling its medical equipment business based at Mysore to Skanray Healthcare.

However, the company did not disclose financial details of the transaction.

"L&T has agreed to sell its medical equipment business based at Mysore to Skanray Healthcare Pvt Ltd," the infrastructure major said in a filing to the BSE.

Skanray Healthcare is fully-owned by the founders and investors of Skanray Technologies, which is engaged in the business of diagnostic imaging products and primary healthcare devices.

Its product range includes high frequency X-ray generators, X-ray imaging systems, critical care devices and industrial X-ray imaging.

Stocks More on Larsen & Toubro

Company INFO More on Larsen & Toubro

ALSO READ

Part rock concert, part investment workshop: Warren Buffett leads annual meeting like no other

Carmakers' rumbles against quadricycle grow louder

Mukesh Ambani in race to buy IMG Worldwide

Enter the compact luxury