Brazilian steelmaker CSN to acquire local can producer

Brazilian steel and iron ore producer Companhia Siderúrgica Nacional (CSN) has agreed a deal to acquire the entirety of the shares in metallic can producer Metalgráfica Iguaçu.

“The combination of the operations of both companies [will] improve the Brazilian market for metallic sheets, and follows the trend of mergers [by] many operations in the world,” Metalgráfica Iguaçu said in a document sent to the country’s securities regulator, CVM, on...

Published

Felipe Peroni

November 25, 2021

19:33 GMT

São Paulo