Aug19, 2011 |By Reuters
SAO PAULO (Reuters) - Brazil's CSN (CSNA3.SA: Quote)(SID.N: Quote) boosted its stake in Usiminas (USIM3.SA: Quote)(USIM5.SA: Quote) in a further step toward changing the rival steelmaker's ownership structure.
Sao Paulo-based CSN raised its holdings of Usiminas' common stock to 11.29 percent, and to 15.15 percent of preferred stock, the company said in a regulatory filing late on Friday.
Saturday, August 20, 2011
Brazil's CSN ups stake in rival steelmaker Usiminas
Labels:
Brasil's CSN,
Brazilian steelmakers,
stake,
Usiminas
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment