Thursday, May 24, 2007

Tata Corus Integration

From http://portal.bsnl.in/business.asp?intNewsId=90818&strDisplayStyle=block&intDaysBefore=4

18 Apr 2007 08:58:34


"The transaction stands completed on April 2," announced Mr Muthuraman. "We have already started the integration process and some 15-18 synergy teams, with about two members each from Corus and Tata Steel, have been formed. We estimate to save more than $350 million we had earlier expected from synergy of the acquisition."

Source: The Economic Times

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