News: Tata says evaluating opportunities including Corus

(RTR 05/10/2006) London - Indian steelmaker Tata Steel Ltd said on Thursday it was evaluating various opportunities including Corus.

"Given recent industry consolidation, Tata Steel is reviewing a number of global opportunities," it said in a statement.

Corus shares had opened 12 percent higher at 455 pence in London after Indian newspaper reports that Tata was in talks to buy the Anglo-Dutch steel maker for up to $10.6 billion.

Corus would not comment on the newspaper reports, which also boosted shares in other European steel companies such as Salzgitter AG and ThyssenKrupp AG.