CSN loses bid to force Ternium into Usiminas tender offer

CSN loses bid to force Ternium into Usiminas tender offer The dispute between the two steelmakers has heated up , iStock/sdlgzps

In a case that could have important ramifications for minority shareholders and corporate governance, the São Paulo Court of Appeals has rejected an attempt by Brazilian steelmaker Companhia Siderúrgica Nacional (CSN) to force Italo-Argentine counterpart Ternium to buy out minority shareholders in Minas Gerais steel company Usiminas.

Events

Events

Latin Lawyer 8th Annual M&A Mexico

Events

Latin Lawyer 12th Annual Charity Awards Ceremony

Insight

Reference

Sy83a16n1gvzfafpg07v

Construction 2017

Chile

Alfonso Reymond Larraín and Rodrigo Riquelme Yanez

Reymond & Cía

Brazil

Fernando Marcondes, Ricardo Medina Salla, Marlon Shigueru Ushiro Ieiri, Adriana Regina Sarra de Deus and Juliana Yumi Shiina Morato

LO Baptista

All Reference

Guides

Ogmha8wxmyjxj2opobts

The Guide to Infrastructure and Energy Investment

How to Build Up a Region: Development Banks and Multilateral Financing

Thomas Hechl and Vanessa Pinto Villa

Hogan Lovells LLP

The Role of Project Finance in Developing a Region: Trends and Considerations

Andrés Arnaldos Montaner , Daniel D Bartfeld , Jaime E Ramirez and Roland Estevez

Milbank, Tweed, Hadley & McCloy LLP
All Guides