Summary
Indian steel firm Tata and Brazilian rival CSN have been given until the end of next month to table improved bids for Corus, which employs 2,900 on Teesside.
The ruling by the Takeover Panel came as Tata considers making a third bid after two offers originally accepted by the Corus board were trumped by CSN.See the full content of this document
Extract
Steel Bidders Given Deadline
CSN won the backing of Corus bosses last week when its pounds 4.9bn offer toppe...
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