LTI, Mindtree boards may meet next week to okay merger - Economic Times
4/26/2022 12:00:00 AM3 yearsago
by Romita Majumdar and Arijit Barman
by Romita Majumdar and Arijit Barman
Parent Larsen & Toubro (L&T) owns 74.05% of LTI and 60.99% of Mindtree. LTI is trading at a 30% premium to Mindtree.
The boards of Larsen & Toubro Infotech (LTI) and Mindtree are expected to meet in the first week of May to finalise the terms of their merger, said people with knowledge of the matter. L&T ac… [+4137 chars]
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