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Confusion Prevails over Namisa Valuation

Oct 19, 2008

Analysts are at odds over the valuation implications of CSN’s sale of a 40% stake in Namisa to a Japanese consortium for $3.12bn. Mining specialists say it is difficult to identify the price in dollars per ton of iron ore. Analysts at...

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There is performance risk that the market is going to have to evaluate and assess. I think that is very healthy for the market because that will enable us to finance a much wider range of projects.

Luis Fernando Andrade, Colombian National Infrastructure Agency


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