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Huaxin Cement announced it will acquire 99.99% of Brazilian cement producer CSN CIMENTOS from CSN for an estimated 90.337 billion Brazilian reais (about $16.42 billion). The target is Brazil's second-largest cement producer with 17 million tonnes per year capacity.
“华新建材:拟约61.42亿美元收购CSN CIMENTOS99.99%股权”finance.sina.com.cn
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