Brazil's Usiminas says rival CSN to nominate two board members

lunes 25 de abril de 2016 07:56 GYT
 

BRASILIA, April 25 (Reuters) - Brazilian steelmaker Usiminas said on Monday that Brazil's anti-trust body Cade ruled to allow steel rival CSN to nominate two board members to the its board of directors.

CSN, which is a shareholder in Usiminas, will also be allowed to nominate an alternate board member and a member to Usiminas' audit committee.

(Reporting by Stephen Eisenhammer; Editing by Chizu Nomiyama)