IBM, L&T best fit to take over Satyam: Forrester
Forrester Research has put a report explaining the various risks scenarios that the Satyam bidding process is likely to throw up. The report seems to suggest that the deal is likely to fall through.
Commenting on the report, Sudin Apte, Country Head, Forrester, said bidders have a lot of reservations about Satyam. “The reservations were primarily about two areas. One was about what is the real Satyam business, what is their liability? Also, if they buy, then how many more clients will exit? So, there is an uncertainty about the business, and uncertainty about legal liabilities. Based on the concern that several bidders expressed to Forrester, we believe there is one scenario that the deal may not happen. That may be a possibility as several bidders for want of information or for possibly substantial higher risk than they anticipate may actually exit the fray.”