Tata Steel Wins Auction for Corus Steel
Wednesday, January 31st, 2007In an overnight auction run by the U.K. takeover regulator, India-based Tata’s 608 pence-a-share bid edged out a final bid of 603 pence a share from Brazilian steelmaker Companhia Siderurgica Nacional (SID), or CSN.
The move establishes the world’s fifth-largest steel maker by output.
In a statement later Wednesday in London, Tata said it expects, subject to […]