Corus buyout: Tata Steel board meet on Apr 17

A meeting of the board of directors of Tata Steel will be held on April 17, 2007, to consider possible proposals for raising equity funds.

According to an official release issued by the company to the BSE, this is a part of its long-term fund raising exercise to finance its investment in the special purpose vehicle (SPV) for acquiring Corus Group Plc, UK.