Billionaire investor W L Ross, despite losing to Tech Mahindra in acquiring Satyam, is still interested in the firm.

W L Ross & Co has acquired 1.8 million American Depository Receipts (ADRs) of Satyam (Mahindra Satyam) from NYSE Euronext for $4.6 million (over Rs 20 crore) at an average price of $2.5 per share, the parent firm of W L Ross, Invesco, said in a Securities and Exchange Commissions (SEC) filing.

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Of the overall percentage of Mahindra Satyam’s 97.67 crore shares, Ross’ stake would be a mere 0.33 per cent.

Ross was one of the contenders for acquiring a controlling stake in Satyam. But the company put a bid of Rs 20 per share for Satyam, which was pipped by Tech Mahindra’s bid of Rs 58 per share.

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