Date:04/06/2008 URL: http://www.thehindu.com/2008/06/04/stories/2008060456001600.htm

Business - Briefly

Punj Lloyd acquires 74 % stake in U.K. firm

NEW DELHI: Engineering and construction firm Punj Lloyd on Tuesday said it had acquired a 74 per cent stake in the U.K.-based Technodyne International, a specialist engineering, design and consultancy company. The acquired capabilities will enable the company to provide end-to-end solutions for complete delivery of complex cryogenic and high pressure LNG, LPG, ethylene, ammonia and other similar storage tanks. — Special Correspondent