Corus accepts Tata sale

Corus Auction

The deal between Tata and Corus has finally been agreed. A price was decided today in an auction between Corus and CSN.

Tata group have bought Corus for 6.2 bn pounds (source).

Shortly after Chairman of Tata Group, Ratan Tata, took a flight in an F16. This is part of deal for India to buy F16’s, also some part manufacture may be outsourced to TATA.

Ratan TATA F16

Advertisements

One Response

  1. Related wordpress stories about this;
    Steel Fusion at Wide Circle Blog.
    Tata Buys Corus at Bird Info RX Blog.
    Way to go Tatas at Business Buzz Blog.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: