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Question
Which of the following took over the Anglo-Dutch steel Company Corus?
Options
Arcelor Mittal
Jindal Steel
Neelanchal Ispat Nigam Ltd.
Tata Steel
MCQ
Solution
Tata Steel
Explanation: On 20 October 2006, Corus announced that it had accepted at £4.3 billion ($8.1 billion) offer from Tata Steel; a valuation of £4.55 per share. The combination of Corus (18.18MT pa) and Tata (4.4MT pa) would create the fifth-largest steelmaking company worldwide.
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Static General Knowledge (Entrance Exam)
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