Keeping up with the Tatas
12 February 2007
Email
Share
The Birla Group s Hindalco is keeping up with the Tatas and Mittals by launching a $6bn swoop on Canadian aluminium roller Novelis. And in Tatalike fashion, the Birlas are paying a whopping price for the privilege. Even with its takeunder price, the returns look paltry. And in Tatalike fashion, the Birlas are paying a whopping price for the privilege. Even with its a tiny premium, the returns look paltry.
This content is for Subscribers only
To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.