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The Hurdle Coffee Day’s Siddhartha Needs To Overcome To Sell Mindtree Stake
Coffee Day Group, Mindtree’s single-largest shareholder, is said to be planning to sell its stake to pare debt.
15 Mar 2019, 01:26 PM IST
Shares of Mindtree Ltd. have risen about 8 percent so far on chances of it becoming a takeover target as the Coffee Day Group, its single-largest shareholder founded by VG Siddhartha, is said to be planning to sell its stake to pare debt.The Coffee Day Group operates the Café Coffee Day chain, runs luxury resorts and a tech park, and provides port, warehousing, shipping, and rail and road transport services through different companie...
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