Brazil Steel Co CSN To Buy 16% Stake In Miner Riversdale
CSN, which operates several iron ore mines in Brazil, will pay A$6.10 per share for the stake. The acquisition will be made in two phases; the first will be a purchase of 28,750,598 shares, or 14.99% of Riversdale.
Upon government approval, CSN will then buy an additional 2,482,729 shares, or 1.3% of Riversdale.
-By Jeff Fick, Dow Jones Newswires; 55-21-2586-6085; Jeff.Fick@dowjones.com
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Publié le 24 novembre 2009 Copyright © 2009 Dowjones
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