HomeNewsBusinessCompaniesEditor's Take | Can Mindtree founders prevent L&T’s hostile takeover?

Editor's Take | Can Mindtree founders prevent L&T’s hostile takeover?

Watch Vaibhavi Khanwalkar and Prince Thomas discuss about Mindtree's takeover by L&T.

March 19, 2019 / 18:30 IST
Story continues below Advertisement

Engineering construction behemoth Larsen & Toubro has announced buying Mindtree investor V G Siddhartha's 20.32 percent stake in the company at a price of Rs 980 per share. It seems to have the upper hand in the first hostile takeover in the IT industry.

Watch Vaibhavi Khanwalkar in conversation with Prince Thomas to find out why the Mindtree founders are against this deal and whether they can resist the move.

Story continues below Advertisement
first published: Mar 19, 2019 06:30 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!