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11 May

BlackRock increases shareholding in Usiminas

US investment company BlackRock has increased its stake in Brazil’s Usiminas, the steelmaker says in a note seen by Kallanish. BlackRock increased its class A preferred shares to 65,478,742, representing approximately 11.95% of this type of share, and 27,413,272 derivative financial instruments, representing approximately 5% of the total preferred shares issued by the company, Usiminas explains. BlackRock has not entered into any agreements or arrangements…
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Todor Kirkov  |  Bulgaria
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