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IBM on Shortlist as Bidder for India's Satyam
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IBM(IBM Quote) is one of eight parties that have qualified as potential suitors for India's Satyam Computer Services(SAY Quote), a report says.
Others making the shortlist for a 51% stake in Satyam include private equity firm Apax Partners, Indian engineering firm Larsen & Toubro, Tech Mahindra and Spice Group , the Economic Times reports.
The next stage of bidding involves putting a price tag on Satyam, These firms will do their due diligence over the next two days, said a person familiar with the development, the Economic Times reports. ...
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