Tag «containers goods»

Ternium receives payment of all outstanding amounts in connection with Sidor’s nationalization

Luxembourg, October 10, 2012 – Ternium S.A. (NYSE: TX) announced today that it has received payment of the unpaid portion of the agreed-upon compensation for the May 2009 transfer of its interest in Sidor. Ternium received USD136.7 million. The receipt of this payment resolves the pending dispute with Venezuela relating to the nationalization of Sidor, …