Deals
Billionaire Batista in Talks to Rescue Brazil Steel Tycoon
Steel rebars on a truck outside the CSN steel plant in Volta Redonda, Rio de Janeiro state, Brazil.
Photographer: Dado Galdieri/BloombergBrazilian magnate Joesley Batista is making a play for the cement unit of Benjamin Steinbruch’s troubled conglomerate CSN, according to people familiar with the talks.