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Grupo Simec has reached an agreement to acquire 100% of the share capital of Acerbrag S.A., a steel company in Bragado, Argentina, from Votorantim S.A. The transaction is subject to regulatory approvals.
“Grupo Simec, S.A.B. de C.V. (NYSE: SIM) ('Simec') announced agreement with Votorantim, S.A. to acquire Acerbrag, S.A.”prnewswire.com
Summarized from public sources; check the original articles before acting on it.