Summary: Schneider Electric is in talks to buy Temasek’s 35% stake in Schneider Electric India for approximately US$1 billion, valuing the entire venture at around US$5 billion. The deal, if finalized, would give Schneider full control of the joint venture.

Link: https://www.businesstimes.com.sg/companies-markets/schneider-talks-buy-temaseks-stake-indian-jv-sources