Baring may buy CCD Founder's Mindtree stake for â¹3,300 crore
Baring Private Equity Asia has reportedly emerged as the front-runner to buy CafÃ© Coffee Day (CCD) Founder VG Siddhartha and his affiliates' 21% stake in Mindtree for at least â¹3,300 crore. This comes even as promoters of Mindtree are reluctant to sell their stakes as they want to prevent Baring from taking control of the software company, as per reports.