Brazil: Companhia Siderúrgica Nacional (CSN) has entered talks to acquire Cimento Elizabeth. The Valor Econômico newspaper has reported the potential value of any future deal as up to US$250m. An agreement is reportedly expected in June 2021.
Farallon Capital acquired Cimento Elizabeth and Elizabeth Mineração from the Crispin family for US$185m in 2020. It operates the 1.2Mt/yr Cimento Elizabeth cement plant in Paraíba. CSN currently does not have a presence in the region.
