CSN Cimentos acquires LafargeHolcim Brasil approved by CADE

The Administrative Council of Economic Defense (CADE) approved without restrictions the acquisition of LafargeHolcim (Brasil) S.A. by CSN Cimentos S.A., a subsidiary of Companhia Siderúrgica Nacional (CSN). The acquisition adds 10.3 million tons per year of cement production capacity.

“the Administrative Court of the Administrative Council of Economic Defense (“CADE”), approved in its 201st ordinary trial session, on this date, without restrictions, the acquisition operation of LafargeHolcim (Brasil) S.A. (“Lafarge”) by the Company’s subsidiary, CSN Cimentos S.A.”ri.csn.com.br

• 3 sources
• ri.csn.com.brLafargeHolcim's Aquisition Approval - CSN RIAug 18, 2022
• gov.brTribunal of CADE unconditionally clears CSN Cimentos' acquisition of LafargeHolcim — Conselho Administrativo de Defesa EconômicaAug 19, 2022
• in.marketscreener.comCSN Cimentos S.A completed the acquisition of LafargeHolcim S.A. from Holcim Ltd. | MarketScreener IndiaS&P Capital IQSep 7, 2022

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