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L&T's hostile takeover of Mindtree: Here's all you need to know

Updated : March 19, 2019 12:02 PM IST

Hostile takeover is defined as the acquisition of the target company, in this case Mindtree,  by the acquirer, here L&T, through buying the stake of the target company's shareholders.
L&T is eyeing to buy up to 66 percent stake in Mindtree for around Rs 10,800 crore
The promoters and founders of the company, after the announcement, unconditionally opposed L&T's 'hostile takeover' bid.
L&T's hostile takeover of Mindtree: Here's all you need to know

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