The Competition Commission of India (CCI) has approved engineering and construction major Larsen & Toubro’s (L&T’s) proposal to acquire up to 66.15% stake in Mindtree.With this nod,L&T has overcome the first major regulatory hurdle in its bid for hostile takeover of the Mindtree. A hostile takeover is the acquisition of one company (called the target… Continue reading CCI gives speedy nod to L&T bid for Mindtree
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