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CSN and Corus had previously discussed a merger in 2002, [14] cancelled late 2002; [15] [16] CSN's iron ore assets would provide synergy with Corus's need to import ore. [ 13 ] Subsequently, Tata submitted an improved bid at £5.00 per share, followed by an improved bid from CSN at £5.15 per share which was accepted by the board of Corus on 11 ...
On 31 January 2007, Tata Steel won its bid for Corus after offering 608 pence per share, valuing Corus at £6.7 billion ($12 billion). [32] In 2005, Corus employed around 47,300 people worldwide, including 24,000 in the UK. [31] At the time of the acquisition, Corus was four times larger than Tata Steel, in terms of annual steel production.
Tata Steel UK; Tata Steel BSL – a steel company formerly known as Bhushan Steel; Tata Bearings; Tata Sponge Iron Ltd; Tata Tinplate; Tata Metaliks Ltd; Tata Pigments – TATA Pigments Ltd (TPL) produces synthetic iron oxide pigments. Tata Colours; TRF; Mjunction – a Tata Steel and SAIL joint venture, India's Largest B2B E-Commerce company ...
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The Corus Chess Tournament 2010 was the 72nd edition of the Corus Chess Tournament. [1] It was the final year under this name, as from 2011 the tournament was known as the Tata Steel Chess Tournament, after Tata Steel purchased the Corus Group. [2] It was held in Wijk aan Zee from 16 to 31 January 2010.
Known until 2010 as the Corus Chess Tournament, it was renamed after Tata Steel, which purchased the Corus Group. It was held in Wijk aan Zee from 15 to 30 January 2011. The tournament was won by Hikaru Nakamura , his first win in a super-tournament, and the best result by an American chess player since the days of Bobby Fischer .
The Tata Group (/ ˈ t ɑː t ɑː /) is an Indian group of companies headquartered in Mumbai. [3] [4] Established in 1868, it is India's largest business conglomerate, with products and services in over 160 countries, and operations in 100 countries.
In 2007, Corus Group was purchased by India-based Tata Steel and was renamed Tata Steel Europe in 2010. In 2021, the company was split into a British (Tata Steel UK) and a Dutch ( Tata Steel Netherlands ) branch, these fall directly under the Indian parent company Tata Steel and Tata Steel Europe ceased to exist.