Tata Steel's Acquisition of Corus
Case Code: FINC049 Case Length: 27 Pages Period: 2006-2007 Pub Date: 2008 Teaching Note: Available |
Price: Rs.500 Organization: Tata Steel Limited, Corus Group Plc Industry: Iron & Steel Countries: India, Netherlands Themes: Financing Acquisition |
Abstract Case Intro 1 Case Intro 2 Excerpts
Background Note
Tata Steel is a part of the Tata Group, one of the largest diversified business conglomerates in India. Tata Group companies generated revenues of Rs. 967,229 million in the financial year 2005-06. The group's market capitalization was US$ 63 billion as of July 2007 (only 28 of the 96 Tata Group companies were publicly listed). In 1907, Jamshedji Tata established Tata Steel at Sakchi in West Bengal. The site had a good supply of iron ore and water...
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