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Mindtree Limited: Defending Against a Hostile Takeover

Sanjay Dhamija;

商品編號:9B20N004
出版日期:2020/03/04
再版日期:2020/03/04
商品來源:Ivey
商品主題:Entrepreneurship; Finance; International Business
商品類型:Case (Pub Mat)
涵蓋議題:hostile takeover;defense strategy;mergers and acquisitions
難易度:5 - MBA/Postgraduate
內容長度:17 頁
地域:India
產業:Information; Media & Telecommunications;
事件年度:2019

Mindtree Limited (Mindtree) was promoted by a group of first generation entrepreneurs and had established itself as a successful digital business company. Larsen & Toubro Limited (L&T), a successful conglomerate primarily in the business domains of construction and engineering, was looking to increase its footprint in information technology services. In 2019, L&T acquired more than 20 per cent stake in Mindtree and sought to increase its stake to 66 per cent by acquiring shares in the open market and making open offers to shareholders. Though Mindtree’s management and promoters were very much opposed to this takeover attempt, the company’s ability to keep a determined acquirer with deep pockets at bay would not come easy. The promoters of Mindtree, who had nurtured the company for the last two decades, faced the real threat of losing management control to L&T, the large and aggressive corporate group.

教學手冊:8B20N004;
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