The end to the battle for Corus is coming into sight. The takeover panel of the UK is likely to set a deadline for both bidders - Tatas and CSN - to make their final offers and end the uncertainty looming over Corus’ future. After the Corus board postponed its shareholder meeting indefinitely, without setting a date for the next one, and the Tatas maintained their stoic silence about further intentions, there is no clear timetable for everyone to put their cards on the Corus table.

Posted: 12|19|06 at 9:33 am. Filed under: UK News.