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Image header Agence Europe
Europe Daily Bulletin No. 9357
Contents Publication in full By article 29 / 30
GENERAL NEWS / (eu) eu/competiton

01/02/2007 (Agence Europe) - Despite receiving the approval of the Commission for its offer for Corus Group plc (United Kingdom) on 31 January (see EUROPE 9355), the Companhia Siderurgica Nacional (CSN) of Brazil saw its prize snatched from under its nose last night in a bidding war. Its rival, Tata Steel (Tata) of India put in a higher bid of up to 608 pence sterling per share, exceeding the Brazilian offer by 5 pence. Corus Chairman Jim Leng told press that this offer was “both the best...

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GENERAL NEWS