Votorantim and Huaxin in Talks to Acquire CSN Cement Unit

Votorantim and Huaxin are reportedly in discussions to purchase the cement division of Brazilian conglomerate CSN Cement. Bloomberg posted on X, citing sources familiar with the matter, that the negotiations are ongoing, and the companies are exploring potential acquisition terms. The move comes as CSN Cement seeks to streamline its operations and focus on core business areas. The outcome of these talks could significantly impact the cement industry in Brazil, given the prominence of the companies involved. Further details on the potential deal have not been disclosed.