Gerdau to sell stakes in two mills
Brazil-based steel maker Gerdau will divest its 50.00% equity interest in Gerdau Metaldom and 49.85% holding in Gerdau Diaco, plus their subsidiaries, to the Incia Group, the group’s partner in the two joint ventures, for $325 M (€299 M). The JVs operate in Colombia, the Dominican Republic, Panama and Costa Rica and between them have […]