Ternium Completes Acquisition of Nippon Group’s Stake in Usiminas

Reuters05:16
Ternium Completes Acquisition of Nippon Group’s Stake in Usiminas

Ternium Investments S.à r.l., a subsidiary of Ternium S.A., has completed the acquisition of 153.1 million ordinary shares of Usinas Siderúrgicas de Minas Gerais S.A. - Usiminas from Nippon Steel Corporation and Mitsubishi Corporation. The transaction, valued at approximately $315.2 million in cash, follows the terms previously disclosed in November 2025.

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