Restatement of Satyam`s Accounts Could Take Until April.

According to the news published by Reuters, Analysts say it is unlikely that an outline for a bidding process could be framed until there is clarity on changes to India`s takeover rules and a restatement of Satyam`s accounts -- which could take until April. "It`s not going to be a simple M&A deal, given the kind of complexities that are involved in this case due to issues like legal liabilities," said Avinash Vashistha, chief executive at consultant Tholons Inc. "It will take at least four months before any actual transfer of management control at Satyam happens."

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Source: reuters
www.reuters.com/article/mergersNews/idUSBOM4111320090204