Satyam settles Aberdeen claims

The Hyderabad-based consulting and IT services provider, Mahindra Satyam, today said that it has settled claims brought in the Commercial Court in London by Aberdeen Global and twenty-two other funds managed by Aberdeen Asset Management PLC and its subsidiaries that had claimed damages.
The company has entered into a confidential settlement agreement with Aberdeen Asset Management and paid $68 million, Mahindra Satyam said in a filing to the Bombay Stock Exchange. The claims included certain

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