Ternium to acquire the remaining 28.73% stake in Ternium Mexico from Ternium Argentina for $1bn.

Synopsis

Ternium, a steel products manufacturer, agreed to acquire the remaining 28.73% stake in Ternium Mexico from Ternium Argentina for $1bn.

Principals

Ternium Mexico

Ternium

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Market Context

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Bidder Team (1)

máximo vedoya

CEO at TERNIUM SA

Manager

bidder

Deal

£ 760 M

Total Value

Vendor Team (1)

daniel agustín novegil

CEO at TERNIUM ARGENTINA

Manager

vendor

Deal

£ 760 M

Total Value

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