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Image header Agence Europe
Europe Daily Bulletin No. 9334
Contents Publication in full By article 23 / 27
GENERAL NEWS / (eu) eu/compettion

Commission clearance for proposed acquisition of Corus by Tata Steel

Brussels, 22/12/2006 (Agence Europe) - On 22 December, the Commission authorised the proposed acquisition of Corus Group plc, a manufacturer of carbon steel and aluminium products based in Europe, ,by the Indian steel company, Tata Steel. The Commission's inquiry revealed that horizontal overlaps between the activities of Tata Steel and Corus within the EEA would be limited to the supply of flat finished carbon steel and welded tubes, where the combined market shares are relatively low and...

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