<div id="readability-page-1">04:07 AM EST, 11/05/2025 (MT Newswires) -- Ternium ( TX ) said Wednesday its Ternium Investments unit has signed a deal with Nippon Steel and Mitsubishi to acquire their remaining holdings in the control group of Usinas Siderurgicas de Minas Gerais for about $315.2 million in cash, or $2.06 per ordinary share.At completion, Ternium Investments and its Ternium Argentina unit, together with Confab, will hold a roughly 93% stake in Usinas Siderurgicas' control group, the company said.Ternium ( TX ) said its stake in the control group will rise to about 83% from 51.5% after the transaction. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.</div>

Ternium's Ternium Investments has signed a deal to acquire the remaining holdings of Nippon Steel and Mitsubishi in Usinas Siderurgicas de Minas Gerais for approximately $315.2 million, or $2.06 per share. Following the transaction, Ternium's stake in the control group will increase from 51.5% to about 83%, resulting in a total ownership of roughly 93% when combined with its other units.

Ternium to Buy Additional Holdings in Usinas Siderurgicas Control Group