Satyam Computer Services Ltd. (fka SAYCY)

[mcmorlod3]

News for 'SAY' - (DJ India's Mahindra & Mahindra May Look At Satyam Buy - Report)

DOW JONES NEWSWIRES

Mahindra & Mahindra Ltd. (500520.BY) said Sunday that it will look at acquiring Satyam Computer Services Ltd. (SAY) if it finds a strategic value in the deal, the Press Trust of India reported.

"We have a major IT company. We are watching the situation with interest. If there is anything of strategic value, clearly we will be looking at it," the PTI quoted M&M Vice Chairman and Managing Director Anand Mahindra as saying on the sidelines of the World Economic Forum meeting.

"I don't want to comment any further at this point of time," Mahindra said, the PTI reported.

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=1ldgge1agLyPv%2F%2FL1X1QRg%3D%3D. You can use this link on the day this article is published and the following day.

(END) Dow Jones Newswires

February 01, 2009 18:14 ET (23:14 GMT)

Copyright (c) 2009 Dow Jones & Company, Inc.- - 06 14 PM EST 02-01-09