KKR offers Rs 3,100 crore to buy VG Siddhartha's 20.4% stake in Mindtree, says report
Updated : February 25, 2019 10:10 AM IST
KKR proposed the bid on Thursday and upped its previous bid, making the highest bid so far for the 20.4 percent stake held by Siddhartha and his two affiliate companies in Mindtree, the sources told the paper.
KKR also loosened its original terms to gain sole control of Mindtree. In the previous round, KKR offered around Rs 2,800 crore for the stake sale.