L&T prepares for hostile takeover of Mindtree

Engineering company set to sign a binding agreement to buy Cafe Coffee Day founder Siddhartha’s stake in Mindtree THE MINDTREE MATRIX

The acquisition of Mindtree will help L&T Infotech to significantly expand its presence

BDY EBORSHI C HAKI
deborshi.c@livemint.com MUMBAI Mindtree promoters, including Krishnakumar N. and Subroto Bagchi, own 13.32% and are reluctant to relinquish control. The top investors in the firm: cr cr
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Larsen and Toubro Ltd (L&T), which has been in talks to buy Cafe Coffee Day founder V.G. Siddhartha’s stake in Mindtree Ltd, is set to sign a binding agreement to close the deal, two people directly aware of the development said. The transaction,...

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