May 19, 2021
Brazilian steelmaker Companhia Siderúrgica Nacional (CSN) said Tuesday that its cement division CSN Cimentos has filed for an initial public offering (IPO) on the B3 stock exchange in São Paulo.
CSN Cimentos will determine "in due course" the number of common shares it will issue and the price per share in the IPO, the parent company said in a securities filing.
CSN did not say if it has hired any banks to coordinate the offering, but press reports named Bradesco BBI and JPMorgan as the likely
Brazilian steelmaker announces plans to list shares in CSN Cimentos three months after the stock market debut of its mining division