Ternium to Purchase Remaining Stake of Nippon Group in Usiminas' Control Group
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 05 2025
0mins
Source: SeekingAlpha
Ternium's Acquisition: Ternium S.A. announced that its subsidiary will purchase the remaining shares of USIMINAS from Nippon Steel and Mitsubishi for $2.06 per share, totaling approximately $315.2 million for 153.1 million shares.
Increased Ownership: This acquisition will increase Ternium's stake in the Usiminas control group from 51.5% to 83.1%, enhancing its voting rights within the company.
Regulatory Approval: The transaction is pending approval from Brazil's antitrust authorities and will be financed using Ternium's cash reserves.
Market Context: The announcement comes amid Ternium's recent earnings report, where it reported a GAAP EPS miss and revenue slightly below expectations.
Analyst Views on TX
Wall Street analysts forecast TX stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for TX is 40.13 USD with a low forecast of 39.00 USD and a high forecast of 41.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
3 Buy
1 Hold
0 Sell
Strong Buy
Current: 43.350
Low
39.00
Averages
40.13
High
41.00
Current: 43.350
Low
39.00
Averages
40.13
High
41.00
About TX
Ternium S.A. is a producer of steel products. The Company produces finished and semi-finished steel products and iron ore, which are sold either directly to steel manufacturers, steel processors or end users. The Company operates through two segments: Steel and Mining. The Steel segment includes the sales of steel products, and the Mining segment includes the sales of iron ore products, which are primarily inter-company. The Steel segment comprises three operating segments: Mexico, the Southern Region, and Other Markets. In the steel segment, steel products include slabs, billets, and round bars (steel in its basic, semi-finished state), hot-rolled coils and sheets, bars and stirrups, wire rods, cold-rolled coils and sheets, tin plate, hot dipped galvanized and electrogalvanized sheets and pre-painted sheets, steel pipes and tubular products, beams, roll-formed products, and other products. In the mining segment, iron ore is sold as concentrates (fines) and pellets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
