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Tata share price dips amid talk of higher bid for Corus.

Publication: American Metal Market
Publication Date: 04-JAN-07
Format: Online
Delivery: Immediate Online Access
Full Article Title: Tata share price dips amid talk of higher bid for Corus.(News)(Tata Steel Ltd.)(Corus Group PLC)

Article Excerpt
MUMBAI, India -- The price of Tata Steel Ltd. shares slid 1.4 percent Wednesday on reports that it plans to increase its bid for Anglo-Dutch steelmaker Corus Group Plc.

The speculation gained momentum after shares in Corus rose to [pounds sterling]5.385 ($10.50) in London Wednesday, above the previous all-time high of [pounds sterling]5.375 set Dec. 14.

Analysts in India tracking the Jamshedpur-based...

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