MindTree open offer for Aztecsoft to begin on June 27

MUMBAI: IT services firm MindTree Consulting on Friday said its open offer to acquire an additional 20 per cent stake in Aztecsoft will now start on June 27. The open offer would close on July 16, the firm said in a filing to the Bombay Stock Exchange. Earlier, the company had said the offer would start on June 30 and end on July 21. The offer would be made to existing shareholders of Aztecsoft at Rs 80 per share. MindTree had said that it entered into a definitive agreement with the largest shareholder of Aztecsoft to acquire 32.57 per cent at Rs 80 per share. Post acquisition, MindTree would initiate the process of merging Aztecsoft into itself.