Tech Mahindra wins bid for Satyam

April 13, 2009

jdlogoTech Mahindra, which as emerged at as highest bidder for Satyam, plans to run the scam-hit company as a separate entity, with separate liabilities, sources told NDTV.
Earlier after bidding for Rs 58 per share, Tech Mahindra would pay Rs1,757 crore for a 31 per cent stake in Satyam. The sources added that Tech Mahindra has secured complete funding to acquire a 51 per cent stake in Satyam.


Source: NDTV