Schneider Electric wins the “Cross Border Deal of the Year (OVER $1B)” at the 19th Annual M&A Advisor Awards
“These award winners are the standouts of the year, representing the finest deals and professionals within the M&A industry,” said Roger Aguinaldo, Founder & Co-Chairman of The M&A Advisor. Schneider Electric, in partnership with Temasek Holdings Private Limited (Temasek), acquired Larsen & Toubro’s Electrical & Automation business on August 31, 2020 for INR 14,000 crore. We are grateful for the support of our global legal and business teams at Schneider Electric, who worked seamlessly together in ten jurisdictions, spanning four continents, in coordination closely with our outside legal partners at White & Case and AZB & Partners. Focusing on Schneider Electric’s core values of diversity, equity & inclusion, we were able to put together a truly global and diverse team both within Schneider and with our outside advisors that helped us consider complicated issues that needed to be addressed quickly given the changing environment around the world with the pandemic.
The awards will be presented at a Virtual Awards Gala celebration on Thursday, February 4th, 2021.
The M&A Advisor was founded in 1998 to offer insights and intelligence on M&A activities. Over the past twenty-two years we have established the premier global network of M&A, Turnaround and Finance professionals. Today, we have the privilege of presenting, recognizing the achievements of, and facilitating connections between the industry’s top performers throughout the world with a comprehensive range of services. To learn more visit www.maadvisor.com.