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Tenaris Subsidiary Named in CSN Lawsuit Seeking Tender Offer to...

2013-02-05 06:02:24| Steel - Topix.net

The CSN lawsuit alleges that, under applicable Brazilian laws and rules, the acquirers were required to launch a tag-along tender offer to all minority holders of Usiminas ordinary shares for a price per share equal to 80% of the price per share paid in such acquisition, or 28.8 Brazilian reais , and seeks an order to compel the acquirers to launch ... (more)

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