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Satyam says starts bidding process, Larsen ready (Reuters)

Started by riky, March 09, 2009, 09:01:40 AM

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riky

Satyam says starts bidding process, Larsen ready
    (Reuters)

 



Reuters - India's Satyam Computer Services  said on Monday it was commencing a competitive bidding process to select an investor to acquire 51 percent stake in the fraud-tainted outsourcer. Interested bidders will be asked to submit a detailed expression of interest and proof of at least 15 billion rupees ($290 million) by March 20, New York-listed Satyam  said in a statement.


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