Ternium SA (TX) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Ternium S.A. has been ordered by the Brazilian Superior Court of Justice to pay an indemnification related to its 2012 acquisition of a stake in Usiminas, though the decision is open to further appeals. The court adjusted the monetary mechanism and capped attorney fees, potentially reducing the payment amount. Ternium plans to continue challenging the decision, asserting that CSN’s claims lack merit.
For further insights into TX stock, check out TipRanks’ Stock Analysis page.
