Corporacion Aceros Arequipa S.A. (BVL:CORAREI1) signed an agreement to acquire additional 51% stake in Comercial del Acero S.A. on July 30, 2018. Corporacion Aceros Arequipa already owns a 33.65% stake in Comercial del Acero and under the terms of the deal, Corporacion Aceros Arequipa will have the option of acquiring the remaining stake in Comercial del Acero. Javier Zavala and Barbara Falcon of LXG Capital acted as financial advisor to Corporacion Aceros Arequipa S.A.. Jose Antonio Payet of Payet, Rey, Cauvi, Pérez Abogados acted as legal advisor to Corporacion Aceros Arequipa S.A. Lindley Salazar, Jose Marpia Saviron and Claudia Gonzales of Deloitte acted as accountant to Corporacion Aceros Arequipa S.A. Rafael Boisset? of Philippi, Priestocarrizosa & Uria acted as legal advisor to Comercial del Acero S.A. Ian Fry and Susan Chu of UNE Asesores acted as financial advisor to Comercial del Acero S.A. Corporacion Aceros Arequipa S.A. (BVL:CORAREI1) completed the acquisition of an additional 51% stake in Comercial del Acero S.A. on September 4, 2018.