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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