IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-0-230-36353-3_1.html
   My bibliography  Save this book chapter

The Tata-Corus Merger: A Visionary Deal or a ‘Winner’s Curse’?

In: India: Acquiring its Way to a Global Footprint

Author

Listed:
  • Narender Lal Ahuja

Abstract

During the last decade, Tata Steel took forward plans to hone their growth as a steel manufacturer through a series of global acquisitions. In turn, their initiatives allowed them to grow far beyond the domestic market and service the growing global demands for steel. For both India and Tata Steel, the biggest foreign acquisition to date was that of the Corus Group, a European steel manufacturer headquartered in the UK. Finalizing the deal proved challenging, as Tata Steel entered a bidding war with the Brazilian steel manufacturer Companhia Siderurgica Nacional (CSN). Finally, a revised offer that was 30 per cent more than their initial bid enabled the acquisition of the European entity.

Suggested Citation

  • Narender Lal Ahuja, 2012. "The Tata-Corus Merger: A Visionary Deal or a ‘Winner’s Curse’?," Palgrave Macmillan Books, in: Suseela Yesudian (ed.), India: Acquiring its Way to a Global Footprint, chapter 1, pages 1-9, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-36353-3_1
    DOI: 10.1057/9780230363533_1
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-0-230-36353-3_1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.