Archive for December 12th, 2006
Bidding war for Corus intensifies
SHAREHOLDERS may be in for a bonanza with the battle for steel group Corus intensifying with Brazilian firm CSN yesterday dramatically trumping a takeover offer from Indian giant Tata.
The Corus board backed a 515p a share offer worth £4.9bn from CSN just hours after agreeing a 500p a share deal with Tata, which valued Corus [...]
Posted: December 12th, 2006 under Steel International.
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