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Stocks in the news: Lakshmi Vilas Bank, Nestle, YES Bank, Ramco Cement and L&T FinanceA unit of IIFL Wealth Management has agreed to acquire L&T Finance Holdings’ wealth management business.
- Kuwait’s Markab buys controlling stake in Uniply Industries
The acquisition valued shares at Rs 82 a piece, a premium of about 28% of its last traded price.
Stocks in the news: Tata Steel, ZEEL, GVK Power, Mahindra Lifespace and Jet AirwaysThe committee of independent directors of Mindtree has appointed Khaitan and Co as legal counsel.