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Home > Business > Message Board

Congratulate Tata Steel on Corus takeover

January 31, 2007

With the acquisition of Anglo-Dutch steel giant Corus Group Plc for $11.3 billion, Tata Steel has now emerged as the world's fifth largest steelmaker.

On Wednesday, the Tatas pipped Brazil's CSN by bidding 608 pence a share. CSN pulled out of the race after raising its bid to 603 pence a share.

This is the largest ever overseas acquisition made by an Indian company.

Do you think this acquisition further fortifies the belief that India is a rising giant? Are you happy with the Tatas managing to beat Brazil's CSN to buy Corus? Do you think the Tata Group is set for big growth in the future?

Here's you chance to congratulate Tata, India's most respected corporate group.