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flag Schneider Electric seeks to buy Temasek's stake in their Indian joint venture for about $1 billion.

flag Schneider Electric, a French company, is reportedly in talks to buy the 35% stake in its Indian joint venture held by Temasek for about $1 billion, potentially taking full ownership of the venture. flag This deal, if successful, would boost Schneider's operations and growth potential in the Indian market. flag The move comes amid growing M&A activity in India, with deals reaching $31 billion this year, up 16% from last year.

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