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Brazil's CSN agrees to sell cement division to China's Huaxin for US$2.3 billion

FinanceInternationalLa República15 s readAI summary

Brazilian company CSN agreed to sell its cement division, CSN Cimentos, to China's Huaxin for US$2.3 billion. Huaxin said CSN Cimentos accounts for about 21% of the Brazilian cement market and that the deal would mark the first foray by a Chinese cement producer into the country.

Read the full story at La República

IASummary generated by artificial intelligence from a story by La República. It may contain errors: the original source prevails.

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