buyers of satyam ?

satyam is going to be sold in a short time. So who is going to buy it. There are many names doing rounds but the biggest strong contender for it is L&T.

The construction gaint already has 12 percent stake in this company and is willing to invest more into it. At this time of global downturn its only companies that have huge reserve capital which can think about buying the company.L&T has expressed it many times that they would be interested in buying if the company is sold to them quickly as the customers are withdrawing projects and the employees getting eroded. Satyam is expected to complement the L&T infotech and hence its showing so much interest. However, for how long it is interested in the same needs to be seen.

The other contender is Spice. Modi has expressed that he has interest in buying this firm and even asking for online bidding. This is seen as a diversification of investments by spice which wants to move from being involved only in telecom sector. He is also said that he would take all the liabilites of the company along it. This shows how keen he is on taking the control of the company.

Tech mahindra also has shown interest in this. Deepak pariekh one of the board members of satyam is also heading the mahindra and mahindra. So he could influence the decisions of the company. It may or may not enter into the buyout plan.

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