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Business News/Topic/ L&t Mindtree Takeover

L&T MINDTREE TAKEOVER

Get the latest L&t mindtree takeover news, videos and headlines. Explore more for L&t mindtree takeover breaking news, opinions, special reports and more on mint.

Midcap IT stock rallies on strong Q2 show. Should you buy?

1 min read . 14 Oct 2022

Holding on to the remaining top-level employees is crucial to limiting the disruption in the business (Mint file)

Mindtree investors get cold feet as promoters check out, L&T checks in

2 min read . 09 Jul 2019

Despite opposition from Mindtree’s promoters, L&T managed to get enough public shareholders of the software company to tender their shares at ₹980 apiece (Mint file)

With 60% stake, L&T completes its hostile takeover of Mindtree

3 min read . 27 Jun 2019

The Mindtree acquisition will cost L&T ₹10,700 crore. (Priyanka Parashar/Mint)

L&T’s ₹5,030 crore open offer for 31% Mindtree stake to start on 17 June

1 min read . 08 Jun 2019

In all, L&T is eyeing up to 66% stake in Mindtree for around ₹10,800 crore (Mint file)

L&T raises Mindtree stake to 28.88%

1 min read . 30 May 2019

On 18 March, L&T announced its plan to takeover Mindtree (Mint)

Sebi lens on hefty Mindtree payout

2 min read . 10 May 2019

L&T acquires crucial 26% stake in Mindtree as marquee investors exit

3 min read . 09 May 2019

If the dividend proposal receives approval from shareholders, Mindtree will pay a total dividend of ₹384.30 crore to the public shareholders (Mint)

In Mindtree’s record dividend, some see a tactic to ward off L&T takeover

4 min read . 18 Apr 2019

L&T shares have returned just 1% over a year as macroeconomic concerns and the non-core acquisition of Mindtree weigh on investor sentiment. (Naveen Kumar Saini/Mint)

With L&T's return ratios under pressure, investor returns are hit too

1 min read . 17 Apr 2019

On Friday, Mindtree shares gained 1.06% to ₹952.25 apiece while L&T's rose 0.34% to 1373.55 apiece on the BSE. (Mint)

L&T gets CCI approval for its Mindtree takeover bid

2 min read . 06 Apr 2019

(From left) Mindtree co-founders Kamran Ozair, Anjan Lahiri, Kalyan Banerjee, Ashok Soota, Krishnakumar Natarajan, Subroto Bagchi, N.S. Parthasarathy, S. Janakiraman, Scott Staples and Rostow Ravanan. (AFP)

The inside story of the Mindtree shakedown

10 min read . 05 Apr 2019

The Mindtree situation isn’t a typical case in Corporate India. (Mint)

Opinion | L&T's Mindtree hostile takeover bid & the idea of DVRs in India

4 min read . 04 Apr 2019

L&T has acquired Cafe Coffee Day-owner V G Siddhartha's 20.32% stake in Mindtree. (Mint)

Mindtree ropes in Khaitan and Co., ICICI Securities to advice on L&T open offer

1 min read . 03 Apr 2019

It is not about individuals, it is about the organisation, says Mindtree executive chairman Krishnakumar Natarajan when asked whether Mindtree promoters are looking to secure a place for themselves as part of negotiation with L&T. (Abhijit Bhatlekar/Mint)

Mindtree evaluating 'several options' to stave off L&T hostile takeover bid

2 min read . 28 Mar 2019

The advantages of a larger company weigh against the culture clash between L&T and Mindtree, especially given that IT is a people-centric business. (Mint)

What the L&T-Mindtree hostile takeover bid means for mutual fund investors

4 min read . 28 Mar 2019

V.G. Siddhartha, facing huge financial pressure due to the IL&FS crisis, decided to sell his stake to L&T, leaving Mindtree vulnerable to a hostile takeover. (Priyanka Parashar/Mint)

Why V.G. Siddhartha went with L&T, ignoring Mindtree promoters

3 min read . 28 Mar 2019

L&T had Mindtree on its radar for nearly 10 years now (Priyanka Parashar/Mint)

Opinion | Mindtree battle enters final decisive phase

2 min read . 26 Mar 2019

Mindtree board decides against share buyback, forms panel to evaluate L&T offer

1 min read . 26 Mar 2019

Earlier in the day, L&T made an open offer on Tuesday to acquire a 31% stake in IT services firm Mindtree Ltd for ₹5,030 crore (Mint)

Mindtree scraps share buyback plan, stage now set for L&T takeover

4 min read . 27 Mar 2019

L&T makes open offer to buy 31% in Mindtree for ₹5030 crore

1 min read . 26 Mar 2019