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Tuesday, January 20, 2009

Satyam approached by potential buyers

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Tarun Das, Chief Mentor, CII, also a director on the newly-appointed Satyam board, said the board has been approached by potential buyers. He also said that the board has not discussed a stake sale or an outright sale as of now.

There are also reports that L&T Chairman AM Naik met Company Affairs Minister PC Gupta. He said that the company is more concerned about the 4% stake in Satyam. He further added that he is taking updates from the government on the situation.

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