Fabiane Steinbruch, the widow of former Companhia Siderurgica Nacional (CSN) shareholder Fabio Steinbruch, is willing to sell her husband’s 17 percent stake in CSN’s holding company, according to a media report by Valor.
Fabio Steinbruch died in 2012 on a motorcycle accident, and his widow recently won a court case allowing her to assume Fabio’s stake in CFL, the holding company that owns shares in CSN and other family businesses. The stake in CFL is valued at $400 million.
The media report didn’t specifically name any investors interested in purchasing the stake, but it noted there are already several interested parties.