20 Sep 07 L&T to acquire stake in Feedback Ventures

Larsen and Toubro (L&T) plans to acquire a stake in Feedback Ventures, an integrated infrastructure services company. DLF, HDFC and IDFC are some of the other shareholders of Feedback Ventures. L&T is likely to acquire stake in Feedback Ventures through L&T Infrastructure finance which is the investment vehicle for the Larsen and Toubro group. The share prices of L&T have zoomed following this news.

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