HomeNewsBusinessCompaniesTech Mahindra sees USD 2.4b revenue post Satyam merger

Tech Mahindra sees USD 2.4b revenue post Satyam merger

Tech Mahindra and Mahindra Satyam's (Satyam Computer Services) boards approved merger of the two software services exporters and the combined entity will have revenue of USD 2.4 billion, the Mahindra Group company said on Wednesday.

March 21, 2012 / 14:39 IST
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Moneycontrol Bureau

Tech Mahindra and Mahindra Satyam's (Satyam Computer Services) boards approved merger of the two software services exporters and the combined entity will have revenue of USD 2.4 billion, the Mahindra Group company said on Wednesday. The swap ratio for the merger of Mahindra Satyam with Tech Mahindra has been fixed at 8.5 shares of Satyam for every one share of Tech Mahindra. A trust will hold 10% of the merged entity. Of the total revenue, the combined Tech Mahindra
first published: Mar 21, 2012 12:37 pm

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