Ternium Sells Non-Core Assets

Dec 20, 2007

Argentina's Ternium says its subsidiary, IMSA Acero has entered into a stock purchase agreement with BlueScope Steel for the sale of IMSA's interests in Steelscape, ASC Profiles, Varco Pruden Buildings and Metl-Span. The deal values the assets...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management