This is the official blog of OPULENCE-2008. Apart from OPULENCE News, we'll have a steady flow of interesting trivia ,games ,news snippets and articles on the lighter side of business. Please use the Comments section to voice your views.
Saturday, September 29, 2007
THE SATURDAY TRIVIA-What was the evaluation of Tata Steel's take over of Corus?
The total evaluation of the deal was estimated at $7.6 billion.
The interesting thing is that prior to this deal Tata Steel was only the 56th largest producer of steel,now,its the 5th largest producer of steel in the world.
Another fact is that,this deal is amongst the top 5 deals witnessed in the steel industry over the last couple of years interms of evaluation,the biggest deal being the Arcelor-Mittal deal evaluated at $32 billion.
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