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Tata Steel’s recent $13.2 billion acquisition of the Anglo-Dutch conglomerate Corus Steel has prompted India’s corporate and political elite to indulge in much euphoric chest-thumping about ...
Now spectators are expecting Tata Steel to raise its offer to acquire Anglo-Dutch company Corus Group after Brazil's Cia Siderurgica Nacional (CSN) trumped the Indian firm's bid on Friday.
LONDON — Corus Group agreed to a cash offer of 4.3 billion pounds ($8 billion) on Friday from India’s Tata Steel in a deal that would create the world’s fifth-largest steelmaker. The deal ...
The winning bid values shares of London-based Corus at 608 pence ($11.80) each, 5 pence higher than the final offer made by CSN. The new offer represents a 22% premium of the $9.2 billion Tata ...
MUMBAI, India -- Tata Steel Ltd.'s triumph in its battle to buy British steelmaker Corus Group PLC marks the coming of age of one of India's largest business groups. But the takeover has already ...
MUMBAI (Commodity Online) : Three and half years after acquiring Anglo- Dutch company Corus, Tata Steel renamed it to Tata Steel Europe to make the Tata brand more prominent across Europe.
LONDON (MarketWatch) -- Shares of Corus Group Plc rose as much as 18%, touching a six-year high, on Thursday as Tata Steel, India' top private steelmaker, confirmed that it was mulling a possible ...
NEW DELHI — Tata Steel said Wednesday that its $11.3-billion offer to acquire European steelmaker Corus is strategic to its global ambitions, even as the winning bid raised concerns that the ...
Tata Steel is set to raise its offer for Corus Group to try to trump Brazil's CSN, kickstarting an auction for the Anglo-Dutch steelmaker, sources familiar with the matter said on Monday.
To protect its agreed-upon deal, Tata is likely to have to raise its price even if Brazilian steelmaker Cia. Siderugica Nacional doesn't make a firm bid anytime soon. That is because Corus ...
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