Chile’s antitrust agency approved the sale of Aza Participações SpA

Gerdau S.A. announces to the market that, through a resolution dated May 29,
2018, Chile’s antitrust agency Procuradoria Econômica Nacional approved the
sale of 100% of the shares of Aza Participações SpA and its subsidiaries Gerdau
AZA SA, Aceros Cox SA, Armacero – Matco SA and Salomon Sack S.A., by Gerdau
Chile Inversiones Limitada, an indirect subsidiary of Gerdau SA, to a group of
Chilean investors formed by Ingeniería e Inversiones Limitada, Inversiones
Reyosan SpA, Los Andes S.A. de Inversiones and Matco Cables SpA, in
accordance with the terms agreed upon in the purchase and sale commitment
entered into on October 4, 2017.

Read more at NOTICE TO THE MARKET.

 

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