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Cementir Says Joint Offer for Cement Business in Brazil Expired Without Acceptance

MT Newswires·09/09/2026 23:57:44
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11:57 PM EDT, 09/09/2026 (MT Newswires) -- Cementir Holding (CEM.MI) said Wednesday that its joint proposal with Brazil's Votorantim Cimentos to acquire the cement unit of steel production company Companhia Siderúrgica Nacional expired without being accepted. The Italian cement manufacturer made the offer for CSN Cimentos through its Aalborg Portland Holding affiliate. Cementir added that it has no pending deals or commitments related to CSN Cimentos, but confirmed that it intends to "actively" review opportunities in South America.