Brazil's CSN hires financial adviser to assess investment in Samarco

Companhia Siderurgica Nacional SA

22/06/2022 13:16

SAO PAULO, June 22 (Reuters) - Brazilian steelmaker
Companhia Siderurgica Nacional  CSNA3.SA  (CSN) confirmed on
Wednesday it has hired a financial adviser to assess a potential
investment in mining company Samarco Mineracao SA, but no
binding document was signed yet.
    Reuters reported on Monday that CSN was drafting an offer to
acquire Samarco, a joint venture between Vale SA  VALE3.SA  and
BHP Group  BHPB.L   BHP.AX . The offer will be presented by its
adviser RK Partners to the bankruptcy court judge overseeing its
debt restructuring, two people with knowledge of the matter
said.  urn:newsml:reuters.com:*:nL1N2Y717P

 (Reporting by Peter Frontini, Editing by Louise Heavens)
 ((Peter.Siqueira@thomsonreuters.com; +55 11 56447727;))