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Tata Steel offers $8 billion for Corus

Authors :
Bellman, Eric
Singer, Jason
Source :
Wall Street Journal. Europe. Oct 18, 2006, A6
Publication Year :
2006

Abstract

TATA Steel of India has offered to acquire Corus Gropu PLC of the United Kingdom for approximately 4.4 billion Pounds ($8 billion). The created steel company would produce approximately $345 million in savings on costs. The acquisition would be one of the largest foreign acquisitions for an Indian company.

Details

Language :
English
ISSN :
09219986
Database :
Gale General OneFile
Journal :
Wall Street Journal. Europe
Publication Type :
News
Accession number :
edsgcl.152997492