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Tata acquired British Steel Company "Corus Group"

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Author Topic: Tata acquired British Steel Company "Corus Group"  (Read 2873 times)
Ricky
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« on: February 02, 2007, 03:48:17 PM »
Tata steel on Wednesday 31 Jan. 07 finally acquired the British Steel company "The Corus Group" , the revenue of Tata steel is 1/4th of that Corus Group and is said to be 54th largest steel company but still it aquired the 9th biggest steel company in the world.

Read more in Business Section : Corus Group's acquisition by Tata Steel India
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Soniya
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« Reply #1 on: February 03, 2007, 01:32:07 AM »
is it really a breaking news ... Shocked

this news is at least 4 months old. Grin
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Soniya
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« Reply #2 on: February 03, 2007, 01:34:30 AM »
Corus Group ... were badly suffering and their shares had gone as low as £ 40 per share and just the News that TATA was going to acquire it rose the shares to £460/- within night.
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Ricky
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« Reply #3 on: February 03, 2007, 06:11:46 PM »
The news is not old, the auction / bidding for corus acquisition is old  as 4-5 months but TATA acquired it only  now.

BTW, its shares are gone high as 603 GBP .
Here is the year report of Corus Share prices.


Seems that good thing started happening with it only from April end 2006 . Lucky people who bought Corus shares before April .
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Soniya
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« Reply #4 on: February 05, 2007, 12:53:36 AM »
so ... this means the news i heard was real .... yuhoooo!!
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Ricky
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« Reply #5 on: February 05, 2007, 03:40:01 AM »
What yuhoo ?
Were u having Corus share bought earlier ?
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Soniya
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« Reply #6 on: February 12, 2007, 03:04:29 PM »
No ... now i want to kno all about share business etc ... and there's a thread for that but havent got much info.
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« Reply #7 on: February 12, 2007, 07:24:33 PM »
Well, I know that person, he is out of station and he is stock market from 10 or more years.
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« Reply #8 on: February 12, 2007, 07:53:50 PM »
that means there is hope for help ... cheers!!
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easycash81
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« Reply #9 on: July 31, 2007, 07:27:45 PM »
yeah this news is almost 3 months old.
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Ricky
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« Reply #10 on: August 01, 2007, 05:37:29 PM »
Ya, I posted it 4 months back !
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