Fraud-hit outsourcer Satyam Computer Services Ltd said on Tuesday its new government-appointed board had appointed bankers and management advisors to identify strategic investors and obtain expressions of interest.
The board has appointed Boston Consulting Group as management advisors and Goldman Sachs and Avendus, an Indian investment bank, as investment bankers, the company said in a statement.
The board said it had also concluded most discussions related to immediate funding requirements, but did not specify details.
It said it would pay January salaries as scheduled from internal accruals and receiveables.
(For full coverage on Satyam click http://in.reuters.com/news/globalcoverage/satyamstory)
(For Quotes and Interactive Charts of Satyam Computer Services click http://in.reuters.com/money/quotes/chart?symbol=SATY.BO)
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