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Mindtree-LTI: A Potential US$20bn+ Indian Tech Merger; Mindtree Could Outperform LTI
284 Views, 19 Apr 2022 22:14
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- On Monday, Bloomberg reported that Larsen & Toubro (LT IN) was planning a merger between its public-listed subsidiaries Mindtree Ltd (MTCL IN) and Larsen & Toubro Infotech (LTI IN).
- The companies have responded by saying that the news reports of a merger between MINDTREE and LTI are "speculative in nature".
- Below is a closer look at the likelihood of this Deal and the valuations of the two companies involved in this event.