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L&T buys CCD Founder VG Siddhartha's entire 20.4% stake in Mindtree
short by Pragya Swastik / on 18 Mar 2019,Monday
Larsen & Toubro has signed a deal to buy a 20.4% stake in information and technology services firm Mindtree from Café Coffee Day Founder VG Siddhartha for reportedly ₹980 per share. This gives Siddhartha an exit from the firm he backed nearly two decades ago. L&T is also expected to make an offer to buy an additional 31% Mindtree stake.
short by Pragya Swastik / 10:32 pm on 18 Mar
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