NEW DELHI: Infrastructure major Larsen and Toubro (L&T) on Thursday acquired over 24.9 lakh shares of Mindtree from open market, taking its shareholding in the IT services firm to 28.45 per cent, according to a regulatory filing. After the latest transaction, L&T's shareholding in Mindtree stands at 28.45 per cent. On Thursday, L&T had acquired 4.5 lakh shares of Mindtree from the open market. L&T had proposed to buy additional stake in Mindtree through an open offer that was slated to begin on May 14 and close on May 27. The open offer will be launched in about 10-12 days time," he had said.

Source: Mint May 24, 2019 13:18 UTC