- Breaking News Software ensures translation accuracy
- Breaking News GM to honour all agreements
- Breaking News 5 Iranians nabbed with syabu-soaked clothes
- Breaking News Pei Tty-Eei Hui's chances look bleak
Indian giant Tata pursues expansion path in US
0 Comments | AFP, December, 2006
WASHINGTON (AFP) — Indian conglomerate Tata may be making waves with a planned mega takeover of top European steelmaker Corus, but its biggest acquisition so far has been in the United States, where it is eyeing even more lucrative deals. Tata has offered about 5.6 billion pounds (8.4 billion euros, 11.1 billion dollars) for Corus as its battles with Brazilian steelmaker CSN, or Companhia Siderurgica Nacional, to seize control of the Anglo Dutch firm.
The deal is poised to outsize by 11 times Tata's largest corporate takeover abroad so far -- the nearly 700 million dollar purchase of a 30 percent share of US food and beverage firm Energy Brands Inc in August. But the Indian company shows no sign of relenting from its expansion path in the United States. "We see the United...
- Getting to the root of beautiful hair: shiny, silky hair begins with a healthy scalp - includes list of resources and a recipe for an herbal scalp tonic
- Industry Experts Launch Money Management Resources to Help People Overcome Debt and Learn Proper Money Management Practices
- Made from scratch: When Honda built a plant in Alabama it also built a workforce-using local workers who had no experience in making cars - Recruitment & Hiring
- Portfolio forecasting tools: what you need to know
- Banking technology, technological learning and competition: comparative case studies in Thai banking
- John Seely Brown Inducted Into 2004 Industry Hall of Fame
- SmartDisk's New VST Flash Media Reader(TM) Reads SmartMedia(TM), CompactFlash(TM) From A Single Desktop Unit
- FDA Approves REMICADE(R) for Ninth Indication: Psoriatic Arthritis