SAO PAULO, Aug 17 (Reuters) – Brazil’s antitrust regulator CADE on Wednesday authorized the sale of Holcim AG’s (HOLN.S) native cement enterprise to steelmaker Cia Siderurgica Nacional (CSNA3.SA) with no restriction, permitting the $1.025 billion deal to be accomplished.
CSN first introduced the acquisition of LafargeHolcim Brasil in September 2021 as Switzerland-based Holcim, the world’s largest cement maker, tries to diversify away from its core enterprise.
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Reporting by Gabriel Araujo; Enhancing by Brendan O’Boyle
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