Price crash, Corus widen Tata Steel loss – Economic Times
27th November 2009
Tata Steel acquired Corus for about $13 billion in 2007, in a bid to access European and American markets. However, less than a year later, the liquidity meltdown and resulting slowdown led to an erosion of the market in the US and UK.
Source:Price crash, Corus widen Tata Steel loss – Economic Times
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