22
Dec
08:36
Ternium streamlines corporate structure
Latin American miner and steel producer Ternium has proposed to its shareholders a process of restructuring and simplification of its corporate structure, Kallanish learns from the company. The process involves its subsidiaries in Argentina and Mexico.
The company announced a $1 billion offer to acquire from its affiliate in Argentina a 28.73% participation in Ternium Mexico that it does not directly own.
“This transaction is primarily aimed at streaml…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous