Luxembourg, December 6, 2011 – Ternium S.A. (NYSE: TX) reports the receipt of notice that Nippon Steel Corporation and all the other entities forming Nippon Group have obtained all requisite corporate approvals with respect to all the transactions and agreements relating to the previously announced purchases of ordinary shares of Usiminas by Ternium, Siderar and TenarisConfab.
About Ternium
Ternium is a leading steel company in Latin America, manufacturing and processing a wide range of flat and long steel products for customers active in the construction, home appliances, capital goods, container, food, energy and automotive industries. With its principal operations in Mexico and Argentina, Ternium serves markets in the Americas through its integrated manufacturing system and extensive distribution network. The Company has an annual production capacity of approximately ten million tons of finished steel products.
No comments:
Post a Comment