Huaxin signs US$2.3bn CSN Cimentos acquisition agreement
Huaxin Building Materials Group has signed a definitive agreement to acquire a 99.99 per cent interest in Brazil’s CSN Cimentos from Companhia Siderúrgica Nacional (CSN). The tr...
Csn Cimentos
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Huaxin advances US$2.33bn CSN Cimentos acquisition talks
China’s Huaxin Building Materials Group has signed a 10-day exclusivity agreement with Companhia Siderúrgica Nacional (CSN), advancing its proposed acquisition of CSN Cimentos B...
Cementir-Votorantim offer for CSN Cimentos lapses
Cementir Holding has confirmed that its Aalborg Portland Holding subsidiary jointly submitted a binding offer with Votorantim Cimentos for the potential acquisition of CSN Cimen...
CSN advances cement business sale with second bidding round
Brazil's CSN has launched a second round of bidding for its cement business, with the sale expected to close by the end of 2026 for more than BRL10bn (US$1.95bn), according to R...
Huaxin targets US$2.4bn acquisition of CSN cement division
China's Huaxin Cement is preparing a bid of approximately BRL12bn (US$2.4bn) for the cement division of Brazil's Companhia Siderúrgica Nacional (CSN), according to market report...
CSN moves to next phase of cement unit sale process
Brazil’s Companhia Siderúrgica Nacional (CSN) is set to begin the binding bid phase for the sale of its cement business, CSN Cimentos, within the next month, according to the co...
Holcim Brazil asset sale expected
LafargeHolcim (Holcim group) is understood to be considering the sale of its assets in Brazil and CSN Cimentos, Cimentos Mizu and Cement Apodi (Titan Cement joint venture) are b...
CSN postpones IPO
Brazilian cement and steelmaker CSN has postponed an initial public offering (IPO) of its cement unit which was expected to be launched in the coming days, newspaper Valor Econo...
CSN confirms acquisition of Elizabeth Cimentos
Brazil’s Companhia Siderúrgica Nacional (CSN), the largest steel company in Brazil and Latin America, has reached an agreement to acquire Elizabeth Cimentos for BRL1.08bn (US$21...
CSN Cimento is closing in on Brazilian plant acquisition
Brazilian steelmaker CSN is in talks to acquire Cimento Elizabeth for roughly US$250m, the Valor Economico newspaper reports. CSN confirmed the negotiations, without disclosing ...