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Spice Group bids to acquire Satyam

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  • Published On: January 29, 2009
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B K Modi-led Spice group on Thursday made a formal bid to acquire scam-hit Satyam Computer, although engineering major Larsen & Toubro has been courting the IT company for a while now. "Yes, we have given the letter of Expression of Interest to the interim board of Satyam for acquiring controlling stake," diversified Spice group chairman B K Modi said.
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