15
Aug
11:26
CSN considers selling minority stake in mining arm
Companhia Siderúrgica Nacional (CSN) aims to deleverage, including the partial divestment of its mining arm, the company said during a meeting with shareholders and analysts monitored by Kallanish.
CSN has a 79.75% share in CSN Mineração (CMIN). CSN's current leverage level is 3.36 times Ebitda. At the beginning of Q2 CSN’s chief executive Benjamin Steinbruch stated that the company is open to evaluating selling up to 30% of its sta…
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