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L&T may sell part of Mahindra Satyam stake
Mumbai, Nov 13: Larsen & Toubro which holds 6.9 per cent stake in Mahindra Satyam is reportedly planning on selling the a part of it.
However, an L&T spokesperson has brushed aside these reports as 'market speculation'.
L&T which was bidding to acquire the then fraud-hit Satyam Computer had increased its stake in the IT company to 12 per cent.
However, Tech Mahindra bagged the acquisition giving birth to Mahindra Satyam.
OneIndia News
Story first published: Friday, November 13, 2009, 15:15 [IST]
