Tata Steel makes bid for Corus

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Series Details 18.10.06
Publication Date 18/10/2006
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Tata Steel proposed 17 October 2006 a £5.1bn takeover of Anglo-Dutch steel producer Corus in a move that would create the world's sixth largest steel group. But the Indian steelmaker, which offered 455p a share in cash for Corus, could face a competing bid from a Russian rival.

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