Tech Mahindra wins the BID for Satyam Computers.

>> Monday, April 13, 2009

Tech Mahindra wins the BID for Satyam Computers and the bid was for 58 rs , So they will paying 1757 crores for 31 percent holding from Satyam and they would be paying 2890 crore to acquire 51 percent stake in satyam .It heard that Larsen toubro bidded for only 49 rs.
Satyam fell down to Rs 48.85. A decent buy for Satyam is any level below Rs 40 with a medium term target of 60 or may be 65.

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