Archives for July 4, 2002

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Corus in takeover talks with Brazil's CSN

Corus, the Anglo-Dutch steel and aluminium maker, revealed last night it was discussing a possible tie-up with the Brazilian steel producer Companhia Siderurgica Nacional (CSN), confirming weeks of speculation.

Tetra attacks EU veto

Tetra Laval, the packaging company, has accused the European competition watchdog of using a "flawed" theory and ignoring crucial evidence in last year's decision to block its €1.7 billion takeover of French rival Sidel.

Nestlé to invest in Philippines manufacturing

Food manufacturer Nestle Philippines is to proceed with its P3 billion (€60m) investment project that will result in increased production capacity and the introduction of new products that will strengthen the food firm's presence in the local and...