Business Standard

Corus Bid: CSN tipped to pip Tatas

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Press Trust of India London
 The bidding fever has continued to push Corus's shares higher. Last week they closed at 558 pence, well ahead of the CSN bid price. In the past 12 months they have shot up 78%.

 Both Tata and CSN have assured Corus's British workforce that no job cuts are planned in the near future.

 

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First Published: Jan 29 2007 | 12:35 AM IST

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