according to the website. The asset is expected to sell for more than 10 billion reals (about 13.759 billion yuan). The bid attracted many participants, especially Chinese companies, including Conch Cement , Huaxin Building Materials and Sinoma International, a subsidiary of China Building Materials. It is reported that Huaxin Building Materials has completed the relevant acquisition layout in Brazil in 2024, and has the market foundation in the early stage. In addition, Brazil's Votorantim Group and J & F, as well as Italian and Mexican companies, have joined the competition.
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