Satyam Computer Services Ltd has informed that the Board of Directors of the Company at its meeting held on January 21, 2008, inter alia, has transacted the following:1. The Board of directors approved the proposal to list the Companys American Depositary Shares (ADSs) on the European platform of the NYSE Euronext Group with Amsterdam as an entry paint into the EU capital markets under the fast-path cross-listing, globally the first of its kind. Upon listing, the Companys existing ADSs will trade on one single cross-border trading platform with connectivity to the European stock exchanges of Amsterdam, Brussels, Lisbon, and Paris, in addition to trading on the NYSE in the US.2. The Board of directors approved the proposal for the acquisition of M/s. Bridge Strategy Group LLC (Bridge) a US based Company specializing in providing Strategy and Management Consulting Services to various large clients in different industry segments. The maximum purchase consideration will be USD 35 million in an all cash transaction and has been structured into three parts an initial payment, a deferred payment and a contingent payment and upon consummation, Bridge will be a wholly owned subsidiary of the Company.
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