Mindtree: Tryst with the Corporate Control Market

Bhaskaran, P B

dc.contributor.author	Bhaskaran, P B
dc.date.accessioned	2022-07-24T10:54:32Z
dc.date.available	2022-07-24T10:54:32Z
dc.date.issued	2021-04-04
dc.identifier.citation	Bhaskaran, P. B. (2021). Mindtree: Tryst with the Corporate Control Market. South Asian Journal of Business and Management Cases, 10(1), 88–100. https://doi.org/10.1177/2277977921991900	en_US
dc.identifier.issn	2277-9779
dc.identifier.uri	http://library.ediindia.ac.in:8181/xmlui//handle/123456789/13444
dc.description	Bhaskaran, P. B. (2021). Mindtree: Tryst with the Corporate Control Market. South Asian Journal of Business and Management Cases, 10(1), 88–100. https://doi.org/10.1177/2277977921991900	en_US
dc.description.abstract	The case is structured around the takeover of Mindtree Ltd (ML) by Larsen & Toubro Ltd (L&T) in June 2019. ML was founded and nurtured by a group of software professionals. In two decades, it had blossomed into an enterprise with global presence, US$ 1 billion turnover and a unique organizational culture. In a strange sequence of events, more than 20% of ML’s shares landed in L&T’s lap. L&T grabbed this opportunity and ran a systematic campaign to acquire the company. In about 100 days, L&T achieved its objective and got into the driver’s seat. The case traces the evolution of ML from a start-up to a publicly held company with global standing. It examines the circumstances and events leading to L&T getting the initial stake in the company; it examines the acquisition campaign of L&T and the response of the top management of ML.	en_US
dc.language.iso	en	en_US
dc.publisher	Sage Publication	en_US
dc.subject	Merger and Acquisition	en_US
dc.subject	Corporate Control Strategy	en_US
dc.subject	Leadership Roles	en_US
dc.title	Mindtree: Tryst with the Corporate Control Market	en_US
dc.type	Article	en_US