Posts Tagged ‘ satyam computer services ltd ’


  

Satyam drops $1.6 billion buy deal with Maytas

  India’s Satyam Computer Services Ltd (SATY.BO) bowed to investor pressure and canceled plans to spend $1.6 billion to buy two builders, killing the deals just 12 hours after they were announced. The quick change in plans, which was announced late on Tuesday, came after investors demonstrated their opposition to the deals by pushing shares...

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