Cescon Barrieu advise CFL on agreement with Rio Purus
Cescon Barrieu advised CFL on agreement regarding assets and corporate restructuring entered with Rio Purus, CFL and its respective shareholders to divide and terminate shared interest in holding companies Vicunha Aços (controlling shareholder of CSN), Taquari (imobiliária e agronegócios), Vicunha Participações (textile), upon implementation of a corporate restructuring and redemption of shares.
After the restructuring, Rio Purus will hold 40,9% of CSN’s capital stock and CFL will hold 10,25% of CSN’s capital stock plus funds, and the parties will terminate the pre-existing lawsuits.
The agreement involved the segregation of direct and indirect equity interest in several companies, private and public, including restructuring the control block of CSN, upon entering a shareholders’ agreement.
Cescon Barrieu relied on partners (pictured from left to right) Maria Cristina Cescon, Vitor Jabbur Stern, Renato Reis Batiston and associates Andre Bertella, Thenard Antunes, Ana Paula Cristofoli.
PLKC Advogados advised Rio Purus.
