Lloyd in talks to sell consumer durables unit to local appliances firm
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Lloyd in talks to sell consumer durables unit to local appliances firm

By Ranjani Raghavan

  • 13 Feb 2017
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Lloyd in talks to sell consumer durables unit to local appliances firm
Credit: Thinkstock

Lloyd Electric & Engineering Ltd, a Delhi-based industrial machinery and consumer electronics maker, is in late-stage talks to sell its consumer durables business in what could be the biggest deal in the sector in over a decade, three persons briefed on the development told VCCircle.The firm, part of BR Punj-led ......

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