The Hindu Business Line : Corus, Klesch share purchase deal

Tata Steel has said that Corus and Klesch and Company have signed a share purchase agreement for the acquisition of Corus' aluminium smelters by Briand Investments B.V., an affiliate of Klesch. Klesch is a UK-based investment group which makes equity investments across various industries. Associated companies of Klesch own Zeeland Aluminium Company in Vlissingen, the Netherlands, which produces 2.60 lakh tonnes of primary aluminium an annum. This follows internal consultation and advice and receipt of regulatory clearances. The transaction is subject to certain conditions being fulfilled by both parties, Tata Steel said in a statement to the BSE. - Our Bureau

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