Larsen and Toubro Ltd (L&T) today bought out its Japanese partner Komatsu's 50 per cent stake in a joint venture that manufactures construction equipment and hydraulic components. The financial details of the transaction were not revealed, but art official said the amount was "not significant". After the acquisition, L&T Komatsu (LTK) will become a wholly-owned subsidiary of L&T. "Komatsu plans to consolidate its manufacturing operations under the parent brand, in line with its global strategy. This'transaction is part of that process," L&T said in a statement. Komatsu held its stake in the joint venture through its wholly-owned Singaporean subsidiary, Komatsu Asia and Pacific.
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机译：Larsen and Toubro Ltd（L＆T）今天买断了其日本合作伙伴小松在一家合资企业中的50％股份，该合资企业生产建筑设备和液压元件。交易的财务细节没有透露，但艺术官员说，金额“不大”。收购后，L＆T小松（LTK）将成为L＆T的全资子公司。 L＆T在一份声明中说：“小松计划根据其全球战略，以其母品牌合并其制造业务。这种交易是该过程的一部分。”小松通过其全资新加坡子公司小松亚洲和太平洋公司持有合资公司的股份。
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