Mindtree strikes conciliatory note, agrees to reach a ‘middle ground’ over L&T bid

Mindtree strikes conciliatory note, agrees to reach a ‘middle ground’ over L&T bid
28/03/2019 , by , in News/Views

In a change of stance since it waged a war against the hostile takeover bid by Larsen & Toubro (L&T), the management of Mindtree has sounded a conciliatory note, expressing willingness to sit on the negotiation table with the engineering major.

In his first interaction after Tuesday’s board meeting, Mindtree Co-founder and Executive Chairman Krishnakumar Natarajan indicated that a “middle ground” could certainly be explored through mutual discussions between the two parties to protect the interests of all stakeholders of the IT firm.

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