L&T makes Rs 5,030 cr offer to acquire 31 pct stake in IT services firm Mindtree

Larsen & Toubro Monday made an offer to buy 31 per cent stake in IT Services company Mindtree for Rs 980 per share aggregating to Rs 5,030 crore. L&T, whose board met during the day to consider acquisition of Mindtree, offered to buy 5.13 crore shares from shareholders.