Canada Capers Show the Charms of Corus ; Investment Extra

Daily MailJanuary 22, 2006

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Summary


IF YOU want to find out what a company is worth, there is no better test than how much someone will pay for it. City analysts can come up with any figure they like, but they matter little until someone steps up with cash.

That poses a dilemma in valuing Corus, the old British Steel group which now includes Dutch steelmaker Hoogovens.

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Extract


Canada Capers Show the Charms of Corus ; Investment Extra

Its Canadian rival Dofasco is at the centre of a fierce bidding war.

This is prompting talk that Corus shares are worth far more than the curr...

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