Grupo Simec, S.A.B. de C.V. (AMEX:SIM) agreed to acquire long steel assets of ArcelorMittal Brasil S.A. on April 16, 2018. The Brazilian competition regulator, CADE has approved the sale. Ricardo Maldonado Yáñe and Ignacio Armida Beguerisse of Mijares, Angoitia, Cortés y Fuentes, Gustavo Morales Stolagli and Diego Lecuona of Veirano Advogados acted as legal advisors for Grupo Simec, S.A.B. de C.V. (AMEX:SIM) and Industrias CH, S.A.B. de C.V. Gustavo Rugani Do Couto E Silva, Guilherme Malouf, Ana Flavia De Oliveira Britto and Diana Pacifico Henne of Machado, Meyer, Sendacz e Opice acted as legal advisors for ArcelorMittal Brasil S.A. Grupo Simec, S.A.B. de C.V. (AMEX:SIM) completed acquisition of long steel assets of ArcelorMittal Brasil S.A. on April 27, 2018.