News archive 2006
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...
Corus develops new roadside steel restraint system designed to reduce serious injury and save lives on UK roads
29 Jan 2007
Corus has developed a new family of roadside restraint systems called Protect 365 that it believes, if adopted, will significantly contribute to improved road safety and help reduce the number of serious injuries and death on UK roads.
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 PRE-CONDITIONAL CASH ACQUISITION of Corus Group plc by CSN Acquisitions Limited, a wholly-owned subsidiary of Companhia Siderúrgica Nacional
11 Dec 2006
The boards of CSN and Corus are pleased to announce their agreement on the terms of a recommended pre-conditional cash acquisition by CSN Acquisitions of the entire issued and to be issued share capital of Corus at a price of 515 pence for each Corus Share, valuing Corus at approximately £4.9 billion.
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
Announcement of CSN approach to Corus
17 Nov 2006
On 17 November 2006, Companhia Siderurgica Nacional (‘‘CSN’’) approached Corus regarding a proposal to make a cash offer for Corus at a price of 475 pence per Corus Share.
Corus to invest in new lines for UK composite panels market
09 Nov 2006
Corus is to invest £6m in new Composite Panel lines at its Shotton facilities in the UK, in order to further strengthen its position in response to the increasing market demand for factory insulated panels.
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.
Corus introduces Advance
28 Sep 2006
Corus introduces Advance as the new identity for its range of structural sections.
Corus British Triathletes score hat-trick at World Championships in Lausanne
04 Sep 2006
Three Corus British Triathletes raced to victory to claim all three men's gold medals at the World Championships in Lausanne, Switzerland.
Corus Group plc 2006 Second Quarter Results
30 Aug 2006
Corus Group plc announces its 2006 Second Quarter Results
Corus to build world-class rail welding facility to enhance customer service
16 Aug 2006
Corus has today announced that it will build a world-class rail welding facility for its rail manufacturing business at its Scunthorpe steelworks.
The Corus British Triathlon Team for the World Championships is announced
09 Aug 2006
The Corus British Triathlon Team, which will compete at the 2006 ITU World Championships in Lausanne Switzerland on 2nd and 3rd September 2006, was announced today.
Completion of EUR826m (£570m) sale of Corus' aluminium rolled products and extrusions businesses to Aleris International Inc.
02 Aug 2006
Corus announces the completion of this transaction, effective from 1 August 2006.
British Triathlon unveils Corus as Premier Sponsor in landmark deal for Britain's fastest growing sport
26 Jul 2006
Corus is to become British Triathlon's premier commercial sponsor. This sports sponsorship is a first for both Corus and British Triathlon and demonstrates Corus' commitment to developing Great Britain's triathlon talent and to investing in the sport's longer-term legacy through support of grassroot initiatives.
Corus help Ford optimise material selection for rear structure on New Galaxy
21 Jul 2006
Corus, the international steel company, has been working closely with Ford to help the carmaker develop and implement the latest grades of high strength steels into several key applications on the new Galaxy model range.
Corus opens new rail link at Teesside
20 Jul 2006
Corus today officially opened a new rail link connecting its steelmaking facility at Corus Teesside Cast Products (TCP) to the Steel Export Terminal at PD Ports at Teesport.
Corus International expands presence in Gulf construction sector
11 Jul 2006
Corus International is investing in a new facility to produce metal decking profiles at its Middle East base in Dubai. The move enables the business to continue with its growth plan by enhancing its packaging of steel products and services for construction projects in the region.
Corus Group plc 2006 First Quarter Results
31 May 2006
Corus Group plc announces its results for the first quarter 2006.
Share Purchase Agreement signed for the EUR 826m (£570m) sale of Corus' aluminium rolled products and extrusions businesses to Aleris International Inc.
24 May 2006
In March 2006, Corus and Aleris announced that they had signed a Letter of Intent for the proposed acquisition by Aleris of Corus' downstream aluminium rolled products and extrusions businesses and are now pleased to confirm that they have entered into a definitive Share Purchase Agreement.
Corus & Wigpool supply chain partnership helps drive Triumphs continued success
15 May 2006
A successful supply chain partnership between Corus and Wigpool Ltd, for the development and supply of high quality precision machined components, helps Triumph.
Share consolidation - impact on Corus' share price
15 May 2006
At Corus' AGM on 9 May 2006, shareholders approved the consolidation of Corus' existing share capital.
Corus confirms sale of 50 per cent share in Lusosider to CSN
10 May 2006
Corus confirms it has signed a Sale and Purchase Agreement with Companhia Siderurgica Nacional (“CSN”), for the €25 million sale of its 50 per cent share in Lusosider Projectos Siderurgicos S.A. (“Lusosider”).
Corus Trading Update - Annual General Meeting
09 May 2006
Corus Trading Update made at the Annual General Meeting
Corus wins its first Queen's Award for Enterprise: International Trade 2006
21 Apr 2006
Corus Special Profiles is recognised as a world leader in the manufacture of specially designed hot rolled special profiles and achieves an annual production of over 240,000 tonnes of these products, which are sold throughout the world.
Corus Living Solutions to supply buildings for Project Allenby/Connaught
07 Apr 2006
Corus Living Solutions has been awarded a subcontract by Aspire Defence for the design, supply and erection of modular buildings for Project Allenby/Connaught - the £8billion PFI contract to upgrade accommodation and provide a range of services for the British Army garrisons at Aldershot and around Salisbury Plain.
Corus develops unique integrated crash box bumper
29 Mar 2006
Corus has developed an integrated crash box bumper that will offer vehicle and component manufactures both weight and cost savings compared to existing front end module systems.
Corus Group plc 2005 Preliminary Results
16 Mar 2006
Corus Group plc announces its preliminary results for the year ended 31 December 2005
Letter of Intent signed for the €826m (£570m) disposal of Corus’ aluminium rolled products and extrusions businesses to Aleris International Inc.
16 Mar 2006
Corus and Aleris have today announced that they have signed a Letter of Intent for the proposed acquisition by Aleris of Corus’ downstream aluminium rolled products and extrusions businesses.
Press conference to announce Preliminary and Fourth Quarter 2005 Results
London
16 March 2006
Mr. Philippe Varin, Chief Executive and Mr. David Lloyd, Executive Director Finance, will host a press conference to discuss the Company’s financial results, including a question and answer session.
Corus secures £40M investment for Teesside Cast Products
21 Feb 2006
The investment will allow for significant improvements to the plant’s slab casters, which will further accelerate cost and quality improvements.
Corus Aluminium wins Airbus’ Aluminium Supplier Award 2005
14 Feb 2006
The award follows the long-term supply contract signed last year during the Le Bourget Airshow.
Official opening of Corus’ pipe mill in Hartlepool
14 Feb 2006
Today, Corus will officially open the 84” pipe mill based in Hartlepool. This is a key strategic move for the Corus Tubes Energy Business with a multi million pound investment being spent to upgrade the facility that will enable Corus to meet future needs.
Corus re-organises Supplies & Transport team
02 Feb 2006
The re-organisation is aimed at emphasizing and strengthening the area of raw materials and the need to provide support to develop the expertise and professional approach of other smaller sites on the Continent
Financial Calendar Events for 2006
19 Jan 2006
Corus is pleased to announce the following financial calendar events for 2006.
Corus selects TDG to optimise UK road transport operations
10 Jan 2006
Corus and TDG today announced the start of a seven-year partnership encompassing the management of Corus' UK road transport services.
