Tag: Corus Group plc

Tata Steel completes Corus acquisition

Tata Steel has announced that it has completed its GBP 6.2 billion acquisition of Corus Group plc (Corus) at a price of 608 pence per ordinary share in cash.

Revised Tata offer recommended

Tata Steel has announced that the Board of Corus Group Plc has recommended to its shareholders the revised acquisition by Tata Steel at its meeting held on 31st January 2007.

Record profits for Arcelor

Arcelor SA, the world's biggest steelmaker, posted a record quarterly profit and said second- quarter earnings will rise further as steel prices stay close to nine-year highs and demand increases.

Outokumpu increases ownership of AvestaPolarit

AvestaPolarit Oyj ABP has been informed by Outokumpu Oyj that its ownership in AvestaPolarit has increased to 87.9% (306,828,231 shares), following the settlement of the share deal between Outokumpu Oyj and Corus Group plc.

Corus sells stake in AvestaPolarit

Corus Group plc has agreed to sell its entire 23.2% stake in AvestaPolarit Oyj APB to Outokumpu Oyj for about EUR 530 million.