Spice Makes $408 Million Offer for Control of Satyam
Jan. 30 (Bloomberg) — Spice Corp. Chairman B. K. Modi offered 20 billion rupees ($408 million) for a controlling stake in Satyam Computer Services Ltd., joining Larsen & Toubro Ltd. in the race for the fraud-hit software exporter.
Spice Innovation, Modi’s closely held New Delhi-based holding company, made a preliminary cash offer for preference shares in [...]
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