Gerdau Continues Shopping Spree

Gerdau Continues Shopping Spree


Brazilian steelmaker Gerdau, via its Spanish subsidiary Sidenor, is to buy Spain's GSB for $143 million from CIE Automotive. The acquisition is expected to close by year end. The move to buy GSB comes hot on the heels of an equity increase last week

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial