Revised Tata, CSN bids for Corus due by Jan. 30
Dec 19, 2006 | 11:01 AM
| Mark Beveridge
Tata Steel Ltd., Mumbai, India, and Cia. Siderúrgica Nacional (CSN), Rio de Janeiro, have until Jan. 30 to revise their offers for Anglo-Dutch steelmaker Corus Group Plc, according to a ruling by an independent body that regulates British takeovers and mergers.
The Takeover Panel, which administers the City of London's code on takeovers and mergers, also said it might require the two companies to take part in an auction for Corus should they remain in competition shortly before the Jan. 30 deadline.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here