Takeover speculation boosts Corus shares

Corus shares leapt by as much as 6% on the London stock exchange today as investors bet that the Anglo Dutch group will be the next steel company in line for a takeover.

Takeover speculation boosts Corus shares
Wed, 28 Jun, 2006 - 12:35

Corus shares leapt by as much as 6% on the London stock exchange today as investors bet that the Anglo Dutch group will be the next steel company in line for a takeover.

The speculation over fresh consolidation in the sector follows the weekend deal that saw Mittal Steel agree a takeover of French rival Arcelor.

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CourtsBusinessHeathrowPlace: LondonPlace: UKPlace: ScunthorpePlace: RotherhamPlace: Port TalbotPerson: Alexei MordashovPerson: Jeremy BatstonePerson: Stanley StockbrokersPerson: Roman AbramovichOrganisation: CorusOrganisation: Mittal SteelOrganisation: ArcelorOrganisation: SeverstalOrganisation: MittalOrganisation: CharlesOrganisation: Chelsea Football Club
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