answersLogoWhite

0

Tata Steel acquired Corus, a steel company based in the UK, in 2007. This acquisition made Tata Steel one of the largest steel producers in the world. The deal was valued at approximately $12 billion.

User Avatar

AnswerBot

1y ago

What else can I help you with?

Related Questions

Which one was acquired by tata steel in recent past?

Corus


Who makes steel?

Steel companys e.g. Corus


Why tata had acquired corus although it was in loss?

although corus was in loss but it makes a variety of steel products and has good market acceptability in Europe . it has a well developed R&D and distribution network. it has few problems like 01 costly raw material purchase 02 debt with TATASTEEL the cheapest manufacture of steel in the world the new company will become highly profitable


In which state is bokaro steel plant situated?

Jharkhand


Who bought lakeside steel?

Lakeside Steel was acquired by Samuel, Son & Co., a private Canadian metals distributor in 2012.


What was the production capacity of Kentucky Electric Steel mill when ALJ Regional Holdings acquired it?

zero


What is leapfrogging?

The term Leapfrogging can be explained as High Jumps / Many Folds in Leaps or using Shortcuts to achieve great heights / results in short term. We can take example of Mergers & Aquisitions to descrice Leapfrogging: When a business unit has decided to expand in a particualar industry, it can have the special timimg advantage by merging or acquiring other company. Latest Example: The Tata Corus Acqusition. I have heard before the deal took place, Tata Steel was Ranked 10th among steel makers and it acquired Corus which was ranked 5th. Now their new combination, has taken their rank to 3rd. This is leapfrogging, if Tata ranked 10th wanted to achieve 3rd ranking on its own internal growth, it would have taken them many years to achieve it.


How are the raw materials of an Ipad acquired?

Aluminum, copper, steel and gold are mined. Glass is made from sand. The rest is made in a laboratory.


Villai situated in which state of India?

Villai, also known as Bhilai, is situated in the state of Chhattisgarh, India. It is part of the Durg district and is known for its steel plant and industrial significance. The city is located near the capital, Raipur, and has a diverse cultural landscape.


Where is Andrew carnegie's factory located?

Andrew Carnegie's steel factories, primarily the Carnegie Steel Company, were located in several places in the United States, with the most notable being in Pittsburgh, Pennsylvania. The company's main steel mill, known as the Homestead Steel Works, was situated in Homestead, a suburb of Pittsburgh. Carnegie's operations played a significant role in the steel industry during the late 19th and early 20th centuries.


1941 steel penny worth?

Steel cents were only made in 1943 to save copper for the war effort. All 1941 pennies were made with bronze. These coin are worth 2 to 8 cents in circulated condition. These coins can acquired in circulation.


How is the Sydney Harbour Bridge supported?

Sydney's Harbour Bridge is supported by its huge steel arch. It is the tallest steel arch bridge in the world. Until recently it was the widest open span bridges. It was built in 1932.