Corus

Indian-origin tycoon Sanjeev Kumar Gupta formally bids for Tata Steel UK

Metals major Liberty House, founded by Indian-born industrialist Sanjeev Kumar Gupta, has formally submitted its bid for acquiring most of the UK assets of Tata Steel, that has suffered nearly $3 billion in losses thus far.

Tata Steel in final lap to sell loss-making UK steel business to Greybull Capital

The long products Europe business employs 4,800 people -- 4,400 in the UK and 400 in France

Tata Steel's failure with Corus and Tata Motors' success with JLR: A tale of 2 buyouts in 9 charts

Jaguar Land Rover, a company that was acquired by Tata Motors in June 2008 for $2.3 billion, offers a contrast to the tale of Tata Steel Europe

Tatas UK exit plan may fuel consolidation in European steel sector

Dealmaking in Europe's steel industry has been all but paralysed as cash-starved producers battled the global economic crisis and a slowdown in China

As Tata Steel plans to exit steel business in UK, thousands stare at a potential job loss

Tata employs about 15,000 people in Britain at sites including the giant Port Talbot plant in Wales

Tata Steel's Corus saga nears end as co puts entire UK business up for sale

Tata also said in its statement that it is still in talks with investment firm Greybull Capital over the sale of its British long products unit

Tata Steel plans restructuring at UK unit, around 1,200 jobs at stake

Tata Steel, Europe's second-largest steel producer, has cut thousands of jobs since it bought Anglo-Dutch producer Corus in 2007.

Corus syndrome: Investors are rejoicing collapse of Apollo-Cooper deal

The debt required to be raised by Apollo Tyres to finance the acquisition was three times its market capitalisation.

Tata Steel may sell part of Corus assets, stock down

In a bid to make Corus profitable over the long term, the steel major is looking to unlock value by selling the UK and Netherland assets of Corus,

On a knife's edge: Why Tata Steel writedown threatens its financing

The company has to take some firm action one way or other on its European operations. It is no longer a burden they can carry as it is a big drag on the group.