EconomyHuaxin agrees to buy CSN Cimentos, marking entry into Brazil’s cement market
Chinese building materials group Huaxin plans to acquire a 99.99 per cent stake in Brazil’s second-largest cement producer, CSN Cimentos, in a deal valued at US$1.64 billion. The acquisition would mark China’s first entry into Brazil’s cement market.
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South China Morning Post★★★☆☆2026-11-08 13:19Original
Huaxin agrees to buy CSN Cimentos, marking entry into Brazil’s cement market
Economy