Credit Suisse advising Brazil's Usiminas on business unit sale
SAO PAULO Feb 15 (Reuters) - Usinas Siderúrgicas de Minas Gerais SA, the ailing Brazilian flat steel producer, has lined up Credit Suisse Group AG's investment-banking unit to advise on the partial or full sale of a unit.
In a securities filing unveiled on Monday, the company known as Usiminas said that the date of hiring was Nov. 26. Usiminas is considering selling all or part of Usiminas Mecânica SA, a business unit that produces customized steel products for industrial clients. (Reporting by Guillermo Parra-Bernal)
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