Brazil’s antitrust regulator CADE approved the $1.025 billion sale of Holcim’s local cement business to steelmaker Cia Siderurgica Nacional (CSN) with no restriction, reported Reuters.
Read MoreCSN Acquisition of Holcim Brazil Gets Greenlight
Tag: CSN
CADE Staff Endorses CSN-Holcim Deal in Brazil
The technical staff with Brazil’s antitrust watchdog CADE approved steelmaker Companhia Siderurgica Nacional’s (CSN) acquisition of Holcim’s local business with no restriction, reported Reuters.
Read MoreHolcim Sells Brazilian Business for $1 Billion
Holcim has reached a deal with Brazilian steelmaker CSN (Companhia Siderúrgica Nacional) for the divestment of its business in Brazil for an enterprise value of $1.025 billion. The sale includes five integrated cement plants, four grinding stations, six aggregates sites and 19 ready-mix concrete facilities.
Read More