Tech Mahindra could be the new owner of Satyam
April 13th, 2009 Leave a comment Visited 32 times, 1 so far today
Tech Mahindra could be the new owner of Satyam
Market sources say that Tech Mahindra has emerged as the winner of the bidding process for Satyam.
The company offered Rs 58 per share for the company.
This was much higher compared to Rs 49 per shared offered by engineering firm L&T.
Satyam could turn out to be a good acquisition for Tech Mahindra which is working on expanding their services and offerings.
They are turning out to be pretty solid rivals to other giants in the market like TCS, IBM, Infosys and Wipro.
They are also likely to gain some major customers through this deal.
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