Mindtree LImited:Hostile Acquisitions
Authored by Dipali Krishnakumar
Business
Professional Development
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8 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The chiarman of Mindtree had set a target of achieving $ 1 billion in revenue by 2014. Did the company achieve this target?
Yes
No
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
VG Sidharth had been very critical of the management of Mindtree and would often criticise then for missing quarterly targets
Yes
No
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
A few years before the stake sale by VG Sidharth to L&T. Mindtree had also approached L&T with a stake acquisition offer.
Yes
No
4.
MULTIPLE SELECT QUESTION
5 mins • 1 pt
What are the potential reasons for L&T to consider the Mindtree acquisition
Poor performance of its IT operations
Mindtree would help it to gain scale
The acquisition would enable it to better deploy its surplus cash
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
The founders of Mindtree proposed a share buy back to increase the promoters stake. Did this meet with the board approval?
Yes
No
6.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
L&T's open offer for Mindtree shares failed as the premium over the prevailing market price was very low
True
False
7.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Which of the following were co-founders of Mindtree
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