Corus Meeting Halted As Takeover Talks Continue

Summary


Corus, which employs 2,900 on Teesside, has announced plans to postpone its extraordinary general meeting this month to consider Brazilian company CSN's takeover bid.

The steel group backed the 515p-a-share offer from CSN earlier this week, which valued the group at pounds 4.9bn.

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Extract


Corus Meeting Halted As Takeover Talks Continue

The dramatic move came just hours after Corus approved a 500p-a- sha...

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