Tuesday, January 29, 2013

FOXBusiness.com: Brazil BNDES Could Offer BRL4 Billion for CSN's ThyssenKrupp Bid -Report

FOXBusiness.com
FOX Business Network - The Power to Prosper
Brazil BNDES Could Offer BRL4 Billion for CSN's ThyssenKrupp Bid -Report
Jan 29th 2013, 14:51

Brazilian state development bank BNDES could offer up to 4 billion reais ($2.01 billion) in financing to support steelmaker Companhia Siderurgica Nacional's (CSNA3.BR) bid for ThyssenKrupp AG's (TYEKY) steel operations in the Americas, newspaper Valor Economico reported Tuesday, citing people close to the negotiations.

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