11
Jun
09:32
Itaú Bank increases shareholding in Usiminas
Brazil's Itaú Bank has increased its stake in Usiminas, Kallanish learns from the steelmaker. According to a document filed to the Brazilian Securities Commission (CVM), the bank now holds 29,754,799 preferred shares in Usiminas, which represents 5.43% of participation.
Itaú has no interest in changing the Usiminas control composition or administrative structure, the company confirms.
Meanwhile, Usiminas' industrial equipment and t…
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Very good overview of the weekly steel market.
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