Votorantim Consortium Makes Bid for Intercement Assets: Valor

A binding proposal for Intercement’s assets in Brazil was presented by a consortium led by Votorantim Cimentos, reports newspaper Valor without mentioning how it obtained the information.

• There were also proposals from CSN and the Chinese Huaxin Cement
• Intercement’s assets in Brazil must raise at least 6 billion reais
• Process is coordinated by BTG Pactual

News link: Valor : Exclusive: CSN and consortium led by Votorantim make a proposal for InterCement assets in Brazil

Original Story:Consórcio com Votorantim faz proposta por Intercement: Valor

To contact the translator on this story:
Caio Rinaldi in Sao Paulo at crinaldi16@bloomberg.net ...