Larsen & Toubro (L&T) has divested 2.72 crore equity shares (2.3 per cent) in Mahindra Satyam, which was formerly known as Satyam Computer Services, at Rs 112.50 per share for around Rs 306 crore. This forms a third of its total holding of 6.9 per cent stake in Mahindra Satyam, which was bought by Nomura Mauritius, as per The Times of India. Mahindra Satyam is part of the $6.3 billion Mahindra group whose interests span financial services, automotive products, trade, retail and logistics, information technology and infrastructure development.
Read more at http://www.efytimes.com/e1/38729/fullnews.htm
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