Current Affairs Business

CCI Approves L&T’s Proposal To Acquire Up to 66.15% Stake in Mindtree

Category : Business

 The Competition Commi­ssion of India (CCI) 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 Bengaluru-headquartered IT services firm.
Source- Business Standard


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