Information Technology
Mindtree founders looking to shore up their control to prevent hostile takeover: report
Updated : January 25, 2019 08:48 AM IST
The founders have started an outreach exercise with private equity investors, family offices, institutional and HNI (high net worth individual) shareholders in the company to counter to efforts by L&T Infotech to acquire Siddhartha's stake, the report said.
Siddhartha, the Coffee Day founder, is looking to sell his entire 21 percent stake in Mindtree.
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