IBM in the fray for Satyam Computer
China Daily | Updated: 2009-03-27 07:45
The board of Satyam Computer Services has shortlisted about eight bidders, including IBM and private equity firm Apax Partners, for buying the fraud-hit outsourcer, the Economic Times said yesterday.
Indian engineering conglomerate Larsen & Toubro, Tech Mahindra and diversified Spice Group are among other selected bidders for a 51 percent stake, the newspaper said, citing unnamed sources.
US-based IBM has registered its interest through a law firm, it said.
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