Monday, May 23, 2016

Techint pours $54 mln into Brazil's Usiminas in capital plan

SAO PAULO, May 23 (Reuters) - Italian industrial

conglomerate Techint Group on Monday bought 193.5 million reais

($54 million) worth of shares in Usinas Siderúrgicas de Minas

Gerais, as part of a capital plan aimed at shoring up

the Brazilian steelmaker.

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