Satyam hires Merrill Lynch to review its ‘strategic options’

By Rabia Garib On December 29, 2008 · In News

Indian outsourcer Satyam Computer Services said on Sunday that it hired investment bank DSP Merrill Lynch to review its “strategic options to enhance shareholder value,” a hint that the Indian outsourcer is looking to either be acquired or to sell a significant stake to an outside investor.

 

Satyam hires Merrill Lynch to review its ‘strategic options’

By Rabia Garib On December 29, 2008 · In News

Indian outsourcer Satyam Computer Services said on Sunday that it hired investment bank DSP Merrill Lynch to review its “strategic options to enhance shareholder value,” a hint that the Indian outsourcer is looking to either be acquired or to sell a significant stake to an outside investor.

 
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