Radar > 224252

CSN could sell some 12% stake in Usiminas

A CSN poderia vender sua fatia de 12% na Usiminas

Intel ID : 224252
Synopsis

CSN - Companhia Siderúrgica Nacional could be studying possible sale of approximately a 12% stake in Usiminas.

The buyer could be one of Usiminas' controlling companies for a price that would enable CSN to obtain premium compared to the value of shares on the stock exchange.

Brazil's antitrust regulator CADE had decided, at the time of CSN's acquisition just over two years, that sale should be be carried out within a period of up to five years. However, this deal could be rejected because it would increase the need for a takeover bid to acquire a controlling stake in the company's share capital.
(content in portuguese)

A CSN - Companhia Siderúrgica Nacional poderia vender sua fatia de aproximadamente 12% na sua concorrente a Usiminas.

O percentagem estaria previsto que fora comprado por um dos controladores da Usiminas por um preço que permita a CSN obter um prêmio em comparação com o valor que as ações têm em bolsa.

O CADE já decidiu quando a CSN adquiriu a fatia há pouco mais de dois anos que esta tinha que ser vendida em um prazo de até cinco anos. Porém o possível negócio poderia ser rejeitado devido a que a alienação da percentagem levaria à necessidade de realizar uma OPA.

Intel ID 224252
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - Usiminas
(31 Dec 2024)
Revenue: EUR 4.038,56m
EBITDA: EUR 269,39m
Net Debt: EUR 127,13m
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
potential
Subsector (Old TTR Sectors)
Natural Resources / Mining (Primary)
Primary Sector (TTRSC)
55.05.04 Iron & Steel Mining & Refining
55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources

Country
Website
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Industry / Steel, Metallurgy and Industrial Production (Primary)
Real Estate and Construction / Construction (Materials and Machinery)
Primary Sector (TTRSC)
55.05.04 Iron & Steel Mining & Refining
55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources

Country
Website
Description

Radar

Date Title Type Intel Grade Country Subsector  

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.