# AHMSA and Villacero extend deadline for merger or acquisition deal

Mexican steelmaker AHMSA and Grupo Villacero have extended the deadline to decide on a non-binding merger or acquisition agreement by 90 days. The deal, potentially worth $300-350 million, would consolidate their steel processing and producing capacities.

- Type: Acquisition
- Announced: 2020-09-09
- Where: Mexico
- Value: $350.0M
- Status: announced
- Products: steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Altos Hornos de Mexico](https://endata.com/companies/19832.md)
- [Grupo Villacero](https://endata.com/companies/49819.md) (acquirer)

## Sources

- [steelorbis.com](https://www.steelorbis.com/steel-news/latest-news/ahmsa-and-villacero-extend-deal-deadline-for-another-90-days-1163156.htm), 2020-09-09: "The extended 90-day period will allow both parties to have more time to make the needed adjustments to complete the positive advancements both parties have had so far."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.