CSN to acquire a business in Brazil from Holcim for $1bn.

CSN, a steel producer, agreed to acquire a business in Brazil from Holcim, a company specializing in building solutions, for $1bn. “This divestment is another step in our transformation to become the global leader in innovative and sustainable building solutions giving us the flexibility to continue investing in attractive growth opportunities. We are pleased to have found a responsible buyer with CSN that will develop the Brazilian business over the long term," Jan Jenisch, Holcim CEO.