sexta-feira, 29 de abril de 2016

USIMINAS PICKS NEW CHAIRMAN IN RARE CONSENSUS BETWEEN NIPPON STEEL AND TERNIUM

Brazilian steelmaker Usiminas appointed Elias Brito as chairman on Thursday in a rare unified vote between two controlling shareholders that have been battling for control of the company for 18 months.

Brito will replace Marcelo Gasparino, who had been appointed last year by minority shareholders after the controllers, Japan's Nippon Steel & Sumitomo Metal Corp and Italo-Argentinian Techint, could not agree on a candidate.
Sources close to Usiminas management said the consensus between the warring factions had been formed in order to block advances by rival steelmaker CSN which received permission this week from Brazil's anti-trust body Cade to nominate two members to the board.
Nippon, Usiminas and Techint filed three different injunctions trying to block CSN's participation in the board member vote but all were rejected by judges in Belo Horizonte and Brasilia

Um comentário:

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