Tata Steel's Acquisition of Corus (B)

Tata Steel's Acquisition of Corus (B)
Case Code: BSTR355
Case Length: 17 Pages
Period: 1997-2009
Pub Date: 2009
Teaching Note: Not Available
Price: Rs.300
Organization: Tata Steel Limited, Corus Plc.
Industry: Steel
Countries: UK, The Netherlands, India
Themes: Mergers and Acquisitions
Tata Steel's Acquisition of Corus (B)
Abstract Case Intro 1 Case Intro 2 Excerpts

The Acquisition

On January 31, 2007, Tata Steel acquired Corus for US$ 13.70 billion. The merged entity, TSG, employed 84,000 people across 45 countries in the world. It had the capacity to produce 27 million tonnes of steel per annum, which made the merged entity the fifth largest steel producer in the world as of early 2007...

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