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Entrepreneurship · 2023 · 2 marks

CBSE 2023 · Central · Set 4 · Q20

Merger between ‘Larsen and Toubro (L & T)’ with key business area in construction engineering and manufacturing critical equipments and ‘Voltas…

Merger between ‘Larsen and Toubro (L & T)’ with key business area in construction engineering and manufacturing critical equipments and ‘Voltas Limited’, an Indian multinational electronics company specialized in manufacturing home appliances, whose business fields are totally unrelated, has taken place. Identify and explain the type of merger between ‘Larsen and Toubro (L & T)’ and ‘Voltas Limited’.

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