About this document
L&T by Sajid Patel is a document available to read on EtoBox.
L&T has set aside $1.4 billion to acquire up to 67% of Mindtree through a hostile takeover at $13.5 per share. This would help L&T diversify into the non-core IT industry and reduce risk. However, it raises issues about capital allocation and increases debt. While it provides Mindtree shareholders a good exit, integrating Mindtree comes with risks. The key to success will be developing synergies between the two companies.
- Author
- Sajid Patel
- Language
- EN