Brazil's CSN plans vote to incorporate cement unit
SAO PAULO, April 9 (Reuters) - Brazilian steelmaker Cia Siderurgica Nacional SA, or CSN, published on Thursday a proposal to incorporate its cement unit, CSN Cimentos.
The proposal will be put before its shareholders for a vote on April 28 but the incorporation will take place on May 1.
According to an independent analysis of consultants APSIS Consultoria and Avaliacao, CSN Cimentos is estimated to have net assets valued at 1.1 billion reais ($362 million). (Reporting by Reese Ewing; Editing by Lisa Shumaker)
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