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Monday, April 13, 2009

Satyam Bidding Completed : Tech Mahindra wins bidding

In satyam bidding process, the three huge companies Tech Mahindra, Engineering L&T, and Wilbur Ross had particpated in the bidding, on Monday. According to Times Now report Tech Mahindra had won in satyam bid with by paying Rs 1757 cr and 31% stake in Satyam. Tech Mahindra will pay Rs 58 Per share, and L&T had offer to pay of 49 Rs per share.

Spice Corp did not submitted bid for satyam as there is no E-Auction.

For More check out Times of India

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