tiprankstipranks
Advertisement
Advertisement

Ternium Completes $315 Million Purchase of Nippon Group’s Remaining Stake in Usiminas Control Block

Story Highlights
  • Ternium has completed a $315.2 million cash acquisition of 153.1 million Usiminas shares from Nippon Steel and Mitsubishi.
  • The deal boosts Ternium’s control over Usiminas’ governance, strengthening its strategic position in Brazil’s steel market.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ternium Completes $315 Million Purchase of Nippon Group’s Remaining Stake in Usiminas Control Block

Claim 55% Off TipRanks

Ternium SA ( (TX) ) has shared an update.

On February 10, 2026, Ternium S.A. announced that its subsidiary Ternium Investments S.à r.l. completed the acquisition of 153.1 million ordinary shares of Brazilian steelmaker Usiminas from Nippon Steel Corporation and Mitsubishi Corporation. The all-cash deal, valued at approximately $315.2 million, gives Ternium full control over the Nippon Group’s remaining stake in Usiminas’ control group, consolidating Ternium’s influence in the Brazilian steel market and potentially reinforcing its strategic position in the regional steel industry supply chain.

The completion of this previously disclosed transaction marks a significant step in Ternium’s expansion strategy in Brazil’s steel sector. By increasing its shareholding in Usiminas’ control group, Ternium may gain greater operational and governance leverage in one of Latin America’s key steel producers, with implications for competitive dynamics and long-term integration across its regional operations.

The most recent analyst rating on (TX) stock is a Buy with a $44.00 price target. To see the full list of analyst forecasts on Ternium SA stock, see the TX Stock Forecast page.

Spark’s Take on TX Stock

According to Spark, TipRanks’ AI Analyst, TX is a Neutral.

Ternium SA’s overall stock score reflects a balance of positive technical indicators and attractive valuation against mixed financial performance and challenges highlighted in the earnings call. The strong dividend yield and reasonable P/E ratio are significant positives, while liquidity concerns and market challenges temper the outlook.

To see Spark’s full report on TX stock, click here.

More about Ternium SA

Ternium S.A. is a leading steel producer in the Americas, supplying advanced steel products to manufacturing industries and the construction sector. The company focuses on low‑carbon steelmaking technologies to support the energy transition and future mobility, and runs community development and education programs, particularly in Latin America.

Average Trading Volume: 183,073

Technical Sentiment Signal: Buy

Current Market Cap: $8.53B

For detailed information about TX stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1