Takeover Will Go to the Wire

Summary


The battle for steel giant Corus could turn into a last-minute shoot-out between Indian and Brazilian rivals.

The fate of the company, which employs 23,000 people in the UK, including 2,900 on Teesside, will be decided during the next 10 days. India's Tata Steel and Brazil's CSN will manoeuvre in the run- up to the bid deadline of January 30.

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Extract


Takeover Will Go to the Wire

A takeover by either company will create a big payday eventually worth around p...

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