India's 11 largest M&A deals

	Help

You are here: Rediff Home » India » Business » Slide Shows

Search:

Rediff.com The Web

B Mutharaman, Tata Steel MD; Ratan Tata, Tata chairman; J Leng, Corus chair; and P Varin, Corus CEO.

Discuss | Email | Print | Get latest news on your desktop

Back

Tata Steel-Corus: $12.2 billion

1. Tata Steel-Corus: $12.2 billion

On January 30, 2007, Tata Steel purchased a 100% stake in the Corus Group at 608 pence per share in an all cash deal, cumulatively valued at $12.2 billion.

The deal is the largest Indian takeover of a foreign company till date and made Tata Steel the world's fifth-largest steel group.

Image: B Mutharaman, Tata Steel MD; Ratan Tata, Tata chairman; J Leng, Corus chair; and P Varin, Corus CEO.
Photograph: Toby Melville/Reuters

Back