Capital International Investors (CII) recently reduced its stake in Gerdau (GGBR4) to 68,851,521 shares, representing 4.96% ownership. This adjustment reflects broader changes in the steel manufacturer’s market dynamics and investor sentiment. Gerdau demonstrated strong financial results with net revenue reaching R$68.91 billion ($12.3 billion) and net profit of R$7.53 billion ($1.34 billion). The company’s EBITDA […]
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