Larsen & Turbo is all set to increase it stake in Satyam from current 12% to 15% so that SEBI acquisition norms it can go for open offer for an addition 20%.
However L&T is waiting for SEBI to relax its pricing norms.Sources also say L&T is likely to counter-bid if other parties put up a formal bid for Satyam.
--Gopi
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