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New Deal


Announced

Companhia Siderurgica Nacional to acquire Elizabeth Cimentos from Farallon Capital Management for £158m.

Financials

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Transaction Value£157m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Cement

Domestic

Acquisition

Friendly

Private

Single Bidder

cement

Pending

Majority

Brazil

Synopsis

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Companhia Siderurgica Nacional, a fully integrated steel producer, agreed to acquire Elizabeth Cimentos, a company providing cement, from Farallon Capital Management, an investment management firm, for £158m. The deal will give it a presence in the Northeast, add modern equipment to its assets and ‘substantial’ reserves of limestone, The purchase will be subject to regulatory approval.

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