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21 Oct
09:58

Usiminas petitions watchdog for ArcelorMittal/CSP merger review

Brazilian competition regulator Conselho Administrativo de Defesa Econômica (Cade) has accepted steelmaker Usiminas' request to include it as an interested third party in its analysis of ArcelorMittal's acquisition of Companhia Siderúrgica do Pecém (CSP), Kallanish learns from the trade defence agency. In July, ArcelorMittal reached an agreement with shareholders Vale (50% stake) and South Korea's Dongkuk (30%) and Posco (20%) to ac…
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