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'British Steel' name to come back as Tatas exit Scunthorpe
On the buyout of Corus, the then Tata group chairman Ratan Tata had said the deal was "a defining moment". With the Tatas agreeing to sell its Scunthorpe steel plant in the UK to investment firm......
Why the Tata-Corus merger was doomed to fail
The Anglo-Dutch merger was meant to revive the ailing British Steel which had incurred a net loss of £81 million in the year ended March 31, 1999 The Corus group - born out of a deal between......
Tata Steel faces tough choices in Europe
Tata Steel last fortnight announced it has initiated talks with Geneva-based Klesch Group to sell its European long products business. The assets include Scunthorpe steelworks, an engineering......
Corus to drop 11-yr-old badge for Tata identity
The Tata Steel-owned steel maker Corus is preparing for a major rebranding initiative, which can result in the 11-year-old Corus badge being replaced with the Tata brand name. The 12-billion......
Corus accepts takeover bid by Tata Steel
The board of directors of Anglo-Dutch steelmaker Corus has accepted a $7.6 billion takeover bid from Tata Steel, the two sides confirmed on Friday.The deal is the largest Indian takeover of a......
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