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J&F mulls purchase of controlling stake in CSN Cimentos, Estadao reports

ReutersFeb 19, 2026 10:05 PM

- J&F, the holding company owned by Brazil's billionaire Batista family, is considering the acquisition of a controlling stake in CSN Cimentos, the cement unit of Brazilian steel and mining group CSN CSNA3.SA, local newspaper O Estado de S. Paulo reported on Thursday.

The deal is estimated to be at least 10 billion reais ($1.92 billion), including debt, said the newspaper. CSN Cimentos was offered to J&F, which showed interest in the purchase, it added, citing sources.

($1 = 5.2104 reais)

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