on September 9, 2021. The purchase price is subject to price adjustment and value retained in escrow account. The transaction involves payment in cash. This divestment includes Holcims five CSN Cimentos S.A. signed a share purchase and sale agreement to acquire LafargeHolcim (Brasil) S.A. from Holcim Ltd (SWX:HOLN) for an enterprise value of $1 billion integrated cement plants, four grinding stations, six aggregates sites and 19 ready-mix concrete facilities. CSN is considering alternatives to get the funds needed for transaction by issuing bonds ranging from $500 million to $1 billion. Closing of the transaction is subject to certain condition precedent, including the approval by Brazilian antitrust authorities. This divestment strengthens Holcim's balance sheet, significantly reducing its debt ratio. Holcim will use the proceeds to invest in its Solutions & Products business, building on the Firestone acquisition. Rodrigo Marcilio, Francisco José Pinheiro Guimarães, Ana Carolina Cassins Galdino and Carolina Cardoso Ramalho of Pinheiro Guimarães - Advogados and Don Baker, Richard Jones and Will Smith of White & Case acted as legal advisors to CSN Cimentos. Alan Mason of Freshfields Bruckhaus Deringer LLP acted as legal advisor to Holcim. Citigroup Global Markets Assessoria Ltda. acted as a financial advisor to CSN Cimentos S.A.