Rothschild comes to the rescue of Tatas

One more good news for ISB aspirants looking for financial services or consultancy as post-ISB career goal. TATA Steel has roped in NM Rothschild & Sons, the UK-based merchant bankers, as financial advisor for its proposed acquisition of Corus.

Rothschild, part of the 200 year-old financial services conglomerate controlled by the British family by the same name, will be the third advisor to Tata Steel on the deal. ABN Amro and Deutche Bank are already acting as advisors for the Indian company. Rothschild will advise Tata Steel on the strategy part of the revised acquisition and may help them raise funds.

Source : The Economic Times
Full Article : Tata won’t bid Corus adieu, hires Rothschild as advisor