BUSINESSTHE RIO TIMES
Chinese Giants Bid for Brazil’s Second-Biggest Cement Maker
CSN, one of Brazil's biggest steelmakers, is selling its cement arm, the country's second-largest cement producer, with the sale price now reported above R$12bn. Three of China's largest cement companies are among the bidders.
Related Signal
Adjacent reporting
- UK Government Picks Bidder for Sanjeev Gupta’s Former Steelworks
- Dream Finders Homes Is Said to Bid $704 Million for Rival Beazer
- Zambia State Mining Firm Strikes Lime Deal With Chinese Operator
- Kone Is Said to Near €29 Billion Deal for Rival TK Elevator
- Braskem Majority Stake Sale by Novonor Advances With Signed Deal
- Chinese Tire Venture Service Long Files for Record Pakistan IPO