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This is an archive article published on April 13, 2009

L&T to hold on to Satyam stake: CFO

L&T,which has built up a 12 pct stake in Satyam Computer,plans to hold on to the stake.

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Larsen & Toubro,which has built up a 12 per cent stake in Satyam Computer Services,plans to hold on to the stake,its chief financial officer said on a television channel.

Earlier Satyam named mid-sized outsourcer Tech Mahindra as the highest bidder for it.

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