Tata Steel Managing Director B Muthuraman told reporters on Tuesday the extraordinary general meeting of the company would be held on December 4 and the deal was expected to be through by mid-January.
Asked whether Tata Steel was worried about potential counter bid for Corus, he said the Indian company made a bid at fair value, which was 455 pence per share of Corus.
"This is a fair value and there is a process which is being carried forward," he added.
Muthuraman said any question on this front would be disfavouring the nation.
There was a lot of synergies between Tata Steel and Corus in the areas of marketing, manufacturing, logistics and distribution, adding that profitability margin of both the companies would go up after acquisition, they said.
Tata Steel had offered to buy out 100 per cent stock of Corus through an all cash offer valued at £4.2 billion.
Muthuraman said: "We want to make Corus a part of Tata group."
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