- In a block deal on the BSE on 18/6/2012, Venture Capital firm WALDEN INVESTMENTS exited MINDTREE CONSULTING by selling its 4.82% stake in an open Market transaction at Rs 610 per share.
- More importantly, the stake was bought by CAFE COFFEE DAY founder VG SIDDHARTHA, thereby raising his holdings in MINDTREE from 17.79% to 21.56%.
- The above action could be just another investment for the savvy CCD founder or could it mean another takeover bid in the offing?!!!. Moreso with the stake inching ever so close to the 25% mark, the stock could soon be in the limelight as retail warms up to the idea of a possible open offer.
THE BLOG FOR INDIAN STOCK & MUTUAL FUND INVESTORS: OPINIONS, VIEWPOINTS, STOCKS ANALYSIS STOCK QUERIES, HONEST ANSWERS et al. (KINDLY USE THE COMMENTS SPACE FREELY TO STATE YOUR STOCK QUERIES WHICH SHALL BE ANSWERED HONESTLY & PROMPTLY) DISCLAIMER: The contents of this blog are in the nature of opinions and are not to be construed as 'financial advice'.Always use your personal judgement and/or consult your qualified Financial Advisor before taking investment decisions.
Wednesday, June 20, 2012
MINDTREE; WHAT'S BREWING??
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