|
|
Article: TATA STEEL BOARD MEETS TO DISCUSS CORUS STRATEGY.
- Article from:
- AsiaPulse News
- Article date:
- November 24, 2006
CopyrightCOPYRIGHT 2006 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
MUMBAI, Nov 24 Asia Pulse - Tata Steel's (BSE:500470) top brass on Thursday met here, presumably to discuss the strategy to be adopted for countering Brazilian steelmaker CSN's bid to acquire Anglo-Dutch firm Corus.
CSN had last week approached Corus with a 475 pence per share offer as against Tata's 455 pence per share and has also started the due diligence of Corus accounts.
Tata Steel officials remained tight-lipped about the Board meeting, but ...