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Hostile takeovers and case of L&T Infotech and Mindtree

Hostile takeovers and case of L&T Infotech and Mindtree

by Karan Vora | Oct 17, 2019 | Insights, Merger & Acquisitions

Summary L&T Infotech’s takeover of Mindtree Ltd. can be considered one of the first hostile takeover in Indian History. L&T acquired 21% stake in Mindtree from an investor and eventually took complete control over the software company’s board and management by...

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