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Grupo Acerero del Norte to sell 55% stake in AHMSA to Alianza Minero Metalúrgica · Endata

◂ Announcements

Apr 22, 2021ACQUISITIONMonclova, Coahuila, Mexico

Grupo Acerero del Norte to sell 55% stake in AHMSA to Alianza Minero Metalúrgica

Altos Hornos de México (AHMSA) confirmed that Grupo Acerero del Norte will sell 55% of its shares to Alianza Minero Metalúrgica Internacional, led by Julio Villarreal of Grupo Villacero. The sale is pending approval from the Federal Economic Competition Commission.

Status

Announced

Productssteel

CompaniesAltos Hornos de Mexico target Grupo Acerero del Norte partner Alianza Minero Metalúrgica Internacional acquirer

Sectors#Steel and Metal Products

“Altos Hornos de México informó a la Bolsa Mexicana de Valores que continuará el proceso financiero donde Grupo Acerero del Norte propiedad de la familia Ancira, venderá el 55 por ciento de sus acciones al corporativo Alianza Minero Metalúrgica internacional.”zocalo.com.mx

1 source
zocalo.com.mxSigue en pie la venta de AHMSA – Periódico ZócaloGrupo ZócaloApr 22, 2021

Summarized from public sources; check the original articles before acting on it.

More from Altos Hornos de Mexico

Jun 17, 2021ACQUISITIONMonclova, Coahuila, Mexico$300.0M
AHMSA and Grupo Villacero-Afirme merger stalled
Altos Hornos de Mexico target Grupo Villacero-Afirme acquirer zocalo.com.mx
Apr 20, 2021ACQUISITIONMexico-600 jobs
Alianza Metalúrgica Internacional to buy 55% stake in AHMSA's parent
Altos Hornos de Mexico target Grupo Villacero partner milenio.com
Dec 23, 2020ACQUISITIONMexico
Alianza Minerometalúrgica to buy 55% stake in AHMSA's holding company
Altos Hornos de Mexico target Alianza Minerometalúrgica Internacional acquirer steelorbis.com
Sep 9, 2020ACQUISITIONMexico$350.0M
AHMSA and Villacero extend deadline for merger or acquisition deal
Altos Hornos de Mexico Grupo Villacero acquirer steelorbis.com
Jun 22, 2020PARTNERSHIPMexico
AHMSA and Villacero to form new steel company
Altos Hornos de Mexico Villacero partner it.steelorbis.com
Jun 19, 2020ACQUISITIONMexico$300.0M
AHMSA and Villacero sign non-binding merger agreement
Altos Hornos de Mexico target Villacero acquirer steelmarketupdate.com

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