Mindtree shareholders have tendered 30.5 percent stake so far in the open offer for 31 percent launched by L&T. (Photographer: David Paul Morris/Bloomberg)

L&T Garners Majority Stake In Mindtree, Takeover Nears Completion

Larsen & Toubro Ltd. has acquired a majority stake in software services firm Mindtree Ltd., bringing its three-step takeover—aimed at deploying cash better—closer to completion.Mindtree shareholder...

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