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Satyam to delist from Euronext Amsterdam

Satyam to delist from Euronext Amsterdam
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First Published: Tue, Apr 14 2009. 06 10 PM IST
Updated: Tue, Apr 14 2009. 06 10 PM IST
Bangalore: Satyam Computer Services Ltd said on Tuesday it had filed an application for delisting from NYSE Euronext, the regulated market of Euronext Amsterdam.
It said it did not currently intend to delist from Indian stock exchanges or the New York Stock Exchange.
On Monday, Tech Mahindra said it would pay more than $550 million for a controlling stake in Satyam, throwing a lifeline to the fraud-hit firm.
Last year, Satyam launched a secondary listing on Euronext Amsterdam under NYSE Euronext’s new “fast path” process for cross-listings in New York and Europe.
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First Published: Tue, Apr 14 2009. 06 10 PM IST