The takeover of MindTree by L&T: A strategic move
First time in the history of takeovers in the IT Industry, A very highly controversial takeover took place when L&T acquired 20.32% stake in MindTree. The stake, which is worth of 3269 Cr., is sold by Mr. V. G. Siddhartha, who is a founder of CCD, to L&T to pare down the Coffee Day Group’s … More The takeover of MindTree by L&T: A strategic move