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Tata Steel Offer

This section contains news and information regarding the offer for Corus by Tata Steel.

Tata Steel completes £6.2bn acquisition of Corus Group plc

02 Apr 2007

Tata Steel is happy to announce that the Company has completed its £6.2 billion acquisition of Corus at a price of 608 pence per ordinary share in cash. The enlarged company will have a pro forma crude steel production of 27 million tonnes in 2007 and will be the world’s fifth largest steel producer with 84,000 employees across four continents.

Revised scheme document

On 31 January 2007, Tata Steel announced its revised offer for Corus at a price of 608 pence for each Corus Share (the “Revised Tata Offer”). The Revised Tata Offer is to be implemented by means of a scheme of arrangement under section 425 of the Companies Act 1985.

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Announcement by Tata Steel: Revised acquisition of Corus by Tata Steel

31 Jan 2007

Announcement by Tata Steel following the conclusion of the auction process conducted by the Panel.

RECOMMENDED FINAL OFFER FOR CORUS GROUP PLC from Tata Steel UK Limited (“Tata Steel”)

31 Jan 2007

During the course of last night, the auction process set out by the Panel on Takeovers and Mergers to resolve the competitive situation which existed in respect of the Company between Tata Steel and CSN Acquisitions Limited (“CSN Acquisitions”) was implemented...

Agreed form of auction announcement by UK Takeover Panel

26 Jan 2007

Offers by Tata Steel UK Limited and CSN Acquisitions Limited for Corus Group Plc

Corus Group plc (“Corus”) – Adjournment of Court Meeting and EGM

20 Dec 2006

As previously announced by the Company, on 4 December 2006 Corus Shareholders voted to adjourn until today the Court Meeting and EGM which have been convened in connection with the proposals for the acquisition of Corus by Tata Steel. At the reconvened Court Meeting and EGM held earlier today Corus Shareholders voted to adjourn those meetings sine die until further notice.

Competing offers for Corus Group plc

19 Dec 2006

Proposed adjournment of reconvened EGM and Court Meeting of 20 December

Proposed adjournment of reconvened EGM and Court Meeting

12 Dec 2006

Announcement relating to forthcoming Extraordinary General Meeting and Court Meeting due to be held on 20 December 2006.

RECOMMENDED REVISED ACQUISITION of Corus by Tata Steel

10 Dec 2006

The boards of Tata Steel and Corus are pleased to announce that they have agreed the terms of an increased recommended Acquisition (the "Revised Acquisition") at a price of 500 pence in cash per Corus Share.

Corus Group plc – Adjournment of Court Meeting and EGM

04 Dec 2006

At the Court Meeting and Extraordinary General Meeting of the shareholders of Corus held earlier today in connection with the proposals for the acquisition of Corus by Tata Steel UK Limited, the shareholders of Corus voted to adjourn the Meetings until 20 December 2006.

Forthcoming EGM and Court Meeting

27 Nov 2006

Announcement relating to forthcoming Extraordinary General Meeting & Court Meeting due to be held on 4 December 2006

Scheme document

Recommended cash acquisition by Tata Steel UK Limited, a wholly-owned indirect subsidiary of Tata Steel Limited of Corus Group plc, to be implemented by means of a scheme of arrangement under section 425 of the Companies Act 1985

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"Scheme of Arrangement" met betrekking tot de overname van Corus Group plc door Tata Steel UK Limited

Informatie voor houders van belangen in aandelen Corus Group plc die worden gehouden via Euroclear Nederland (“Euronext Aandeelhouders”)

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Recommended acquisition of Corus Group plc by Tata Steel UK Limited

20 Oct 2006

The boards of Tata Steel and Corus are pleased to announce their agreement on the terms of the recommended acquisition of the entire issued and to be issued share capital of Corus at a price of 455 pence in cash for each Corus Share, valuing Corus at £4.3 billion.

Proposal from Tata Steel

17 Oct 2006

Statement regarding approach.

 

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