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Shareholders Approve All Resolutions on the Agenda of Ternium's Annual General Meeting and Extraordinary General Meeting (Marketwire)

June 2, 2010
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Gerdau SA plans to buy Gerdau AmeriSteel (AP)

June 2, 2010

Steel producer Gerdau AmeriSteel Corp. said Wednesday majority shareholder Gerdau SA plans to acquire the remaining shares it does not own in a deal valued at $1.6 billion.

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Gerdau Ameristeel gets $1.6 billion takeover bid (at bizjournals.com)

June 2, 2010
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Gerdau Ameristeel gets $1.6 billion takeover bid (at bizjournals.com)

June 2, 2010
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Gerdau Ameristeel gets $1.6 billion takeover bid (at bizjournals.com)

June 2, 2010
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Gerdau in $1.7 billion Ameristeel affiliate takeover (Reuters)

June 2, 2010

Brazilian steelmaker Gerdau SA said on Wednesday it plans to take full ownership of its North American unit in a deal valued at up to $1.7 billion as it seeks to cut debt servicing costs.

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