CSN Closes Exclusivity Agreement of R$ 12.7 Billion with Huaxin for Sale of CSN Cementos
7 Articles
7 Articles
The National Steel Company (CSN) informed on Friday, 30, that it has concluded an exclusive agreement with Huaxin Building Materials...
The CSN (CSNA3) has concluded an exclusive agreement with the Chinese Huaxin Building Materials Group to negotiate the definitive documents of the sale of shares of the CSN Cementos, shows relevant fact released on Friday (30). The term of the agreement is ten days and contemplates a company value (enterprise value) of R$ 12.7 billion for [...]
Illustrative image Photo: PexelsBalances and corporate business move the radar this Friday
As part of its divestment plan, the CSN announced on the morning of Friday, October 30, that it has concluded an exclusive agreement with the Chinese Huaxin Building Materials Group for the sale of CSN Cementos. In the terms disclosed, the exclusivity period will last ten days with the objective of signing the documents [...] The post CSN closes exclusivity agreement of R$ 12.7 billion with Huaxin for the sale of CSN Cementos first appeared on N…
Huaxin presented the most advantageous proposal for acquisition of CSN Cementos as part of the competitive process launched in March 2026
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
