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Total 97 results found. Search for [ hostile takeover bid ]

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BusinessToday.In,Ajita Shashidhar
New Delhi, October 15, 2019
Abhishek Singh, Director, Manpasand Beverages, in an interview with Business Today, has said that the allegations made against his company are 'baseless'.


Ajita Shashidhar
October 9, 2019
Though the Manpasand scam came to light only this year, Mumbai-based 2Point2 Capital had raised a red flag about the company way back in 2016


Ajita Shashidhar
October 3, 2019
While other beverage companies hire expensive celebrities to endorse brands, Dhirendra Singh, Chairman of Manpasand Beverages, settled for a modest Sunny Doel, who he believed had a tremendous fan-following in smaller markets where he sold his beverages


BusinessToday.In
New Delhi, July 17, 2019
Last month, Mindtree board had approved induction of five L&T's nominees as directors into the company's board, including L&T's Chief Executive Officer (CEO) and Managing Director S N Subrahmanyan and its Chief Financial Officer (CFO) Ramamurthi Shankar Raman


Rukmini Rao and Goutam Das
New Delhi, July 8, 2019
L&T completes the first successful hostile takeover in Indian IT as Mindtree braces for volatility


BusinessToday.In
New Delhi, July 6, 2019
Executive chairman Krishnakumar Natarajan, executive vice chairman & chief operating officer (COO) N S Parthasarathy, and managing director & chief executive officer Rostow Ravanan submitted their resignations as board members as well as employees of the company


PTI
July 3, 2019



BusinessToday.In
New Delhi, July 3, 2019
According to data available with Bombay Stock Exchange, L&T was holding 9,87,79,179 equity shares in Mindtree as of July 2, 2019


Reuters
New Delhi, June 25, 2019
The report comes within months of Mindtree rejecting a hostile takeover bid from L&T, saying that the plan was of no value for the firm or its shareholders


BusinessToday.In
June 7, 2019
The open offer, at Rs 980 per equity share, will close on June 28, 2019. The open offer price is Rs 11.55 higher than today's closing price of Rs 970.54 on BSE.


PTI
June 2, 2019



PTI
May 30, 2019



PTI
May 29, 2019



PTI
New Delhi, May 26, 2019
The development assumes significance as L&T has already acquired around 20% stake in the mid-sized IT firm from V G Siddhartha and Cafe Coffee Day and is keen to increase its shareholding up to 66%


PTI
May 26, 2019



PTI
New Delhi, May 24, 2019
Earlier this month, L&T purchased around 20 per cent stake of V G Siddhartha and Cafe Coffee Day in Mindtree through a block deal for about Rs 3,210 crore


PTI
New Delhi, May 20, 2019
The latest stock purchase was made at Rs 979.99 apiece; the infrastructure major is eyeing up to 66 per cent stake in Mindtree for around Rs 10,800 crore


PTI
May 20, 2019



PTI
May 19, 2019
The USD 20 billion conglomerate, which has taken its overall holding in Mindtree to about 26 per cent, will launch the open offer to buy additional stake in around 10 days


PTI
May 17, 2019
L&T had purchased around 20 per cent stake of V G Siddhartha and Cafe Coffee Day in Mindtree through a block deal for about Rs 3,210 crore, and has since topped that up with share purchases from the open market


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