The deadline for companies interested in buying Satyam to submit detailed expressions of interest and proof that they have enough money expired today.
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Bidders had to prove they have available funds to the value of $290m by today's deadline.
Satyam would not comment on who the bidders were nor how many,but said it would make an anannouncementnext week
Indian engineering firm Larsen & Toubro, IT services firm Tech Mahindra diversified Spice Group are among the firms that have already announced their interest.
Other firms said to be interested include IBM, HP and CSC.
Satyam has a good reputation for service delivery, it has a large number of highly skilled workers and boasts an impressive list of customers.
But bidders could be limited as a result of the company's involvement in a $1bn accounting fraud. Former chairman B. Ramalinga Raju admitted he had falsely reported the company's results. This left the company short of cash and its customers short of confidence.