stock markets were clearly concerned about the Tata Steel’s new debt load.
CORUS is 4 times gr8ter than TATA
This deal creates worlds 5th largest steel creater Corus is 4times big than tata but prifits are 860 million dollars for corus where as 840 for tata Tata acquired corus for 12 billion dolaaros process started in 2005 Tata paid 4 billion dollars and remaining searching for debt Share prices of Corus is inresed form 455 to 608 pence