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Corus

Corus

Adams to step down from Corus after just a year in charge

KIRBY Adams, who in a year as Corus' chief executive mothballed its plant on Teesside but returned the group to profitability, is to step down.

Corus workers threaten strike over Redcar future

WORKERS at steel giant Corus are threatening to go on strike at a plant which has been partially mothballed following the loss of a contract.

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Consortium puts together bid for Corus's mothballed steel plant

A BID has been launched to buy Corus's mothballed steel plant on Teesside.

Corus lands £220m Shetland gas field order

STEEL giant Corus has won an order worth almost £200 million to supply pipes to energy giant Total for a new gas field project off the coast of Shetland.

1,600 jobs lost as steel plant closes

A major steel plant which was handed a temporary reprieve will now close at the end of the week with the loss of 1,600 jobs.

Corus to revive mill amid fresh signs of recovery

STEELMAKER Corus offered a boost to hopes of recovery yesterday by announcing it would restart production at its Llanwern works in Wales because of a rise in the price of steel.

Steel giant to axe 2,000 jobs

The steel industry was hit by a fresh jobs blow today with news that Corus is to axe over 2,000 posts following a slump in demand.

Indian steel giant wins battle for Corus

THE battle for steel firm Corus has been won by Indian company Tata Steel.

£5bn auction for Corus on final lap

THE bid battle for Anglo-Dutch steelmaker Corus Group entered its final phase last night as the Takeover Panel started an auction between Brazil's CSN and India's Tata Steel.

Bidding's last stand

TWO rival bidders are this week preparing for the start of a last-ditch bidding war for UK-Dutch steelmaker Corus.

£5.7bn takeover rivalry helps boost Corus shares

STEELMAKER Corus shares rose to a seven-year high yesterday amid speculation India's Tata Steel could pay up to £5.7 billion in a bid battle for the UK-Dutch steelmaker.

Corus bidder raises tempo

THE chairman of the Indian steel company hoping to buy Anglo-Dutch firm Corus has indicated in a television interview that he might raise his offer for the company in order to trump a £4.9 billion bid from the Brazilian Companhia Siderugica Nacional (CSN).

Corus battle hots up as CSN trumps Tata

A BITTER bidding war is being fought over Anglo-Dutch steel giant Corus between rival firms Tata Steel and Companhia Siderurgica Nacional (CSN).

Corus showing its mettle as profits continue to rise

CORUS, the Anglo-Dutch steelmaking group, said today it was benefiting from higher selling prices as profits continued to climb.

More time for steel firm

CORUS, the Anglo-Dutch steel group, has given Brazilian steel maker CSN extra time to see it if wants to table an offer.

Standard Life to make £100m from Corus sale

STANDARD Life will net a £100m profit from the agreed sale of Corus to India's Tata Steel for £4.3 billion.

SL in line for £100m Corus sale windfall

STANDARD Life is to make a profit of more than £100 million from its holding in the Anglo-Dutch steel firm Corus, if the proposed takeover of the company goes through.

Global bidding war looms for Corus

CORUS, the British-Dutch steel group that agreed a £4.3 billion takeover by India's Tata Steel on Friday, could become the focus of an international bidding war, with both Brazil's CSN and Russia's Severstal circling the former British Steel.

Workers fear it's Tata to jobs if steel offer gets £4.3bn Corus of approval

IF CORUS shareholders approve Tata Group's £4.3bn takeover of the Anglo-British steelmaker it will be the largest-ever foreign takeover made by an Indian company.

Corus accepts £4.3bn Tata offer

CORUS directors yesterday gave their backing to a £4.3 billion takeover of the former British Steel company by India's Tata Steel.

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