CSN forms strategic partnership with consortium for Namisa stake

Companhia Siderúrgica Nacional (CSN) established a strategic partnership with a consortium including ITOCHU, Nippon Steel, JFE Steel, POSCO, Sumitomo Metal Industries, Kobe Steel and Nisshin Steel to acquire 40% of Namisa for US$3.12 billion. The parties expect to sign final documentation on October 21, 2008.

“The transaction consists in the acquisition of 40% of the total capital of Nacional Minérios S.A. ("Namisa"), a subsidiary of CSN, for the aggregate amount of approximately US$ 3.12 billion.”ri.csn.com.br

• 1 source
• ri.csn.com.brInformation on the Namisa deal - CSN RINov 30, 2018

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