L&T Infotech shares already carry scars of meddling with Mindtree2 min read 18 Mar 2019, 12:14 AM IST
Larsen & Toubro Ltd’s (L&T's) reported plan to buy a large stake in Mindtree has led to a fall in the value of its software services arm
L&T Infotech investors’ worries aren’t limited to those of a typical M&A transaction
A mergers and acquisitions (M&A) transaction typically boosts the shares of the target company and weighs down the shares of the acquirer. It’s no different in the case of mid-sized IT company Mindtree Ltd, and one of its potential acquirers.
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