Temasek Mulling Exit From Schneider Electric India Venture

Temasek Holdings Pte is weighing a potential exit from an Indian joint venture with Schneider Electric SE, people with knowledge of the matter said.

The Singapore state investment company has been discussing options including a sale of its minority stake in the joint venture to Schneider or another party, the people said, asking not to be identified because the information is private. An initial public offering is another option that Temasek has considered, according to the people.