World News: 00:50 GMT Thursday 6th December 2018. [EQS Group via SPi World News]
LUXEMBOURG / ACCESSWIRE / December 5, 2018 / Ternium S.A. (NYSE: TX) has been informed that, within an ongoing investigation into allegations involving payments purportedly made to Argentine government officials (known as the ''Notebooks Case''), the Argentine prosecutors involved in that investigation have appealed the preliminary decision (''auto de procesamiento'') issued by the Argentine investigating judge on November 27 and have requested that all individuals included in that decision, including Ternium's Chairman Paolo Rocca, be subject to preventive detention. The prosecutors' request does not constitute an order and does not have any immediate effect. Any such order can only be issued by a court, and the court of appeals is expected to consider the prosecutors' request at the time it considers the investigating judge's decision and the appeals against it, including Mr. Rocca's appeal.
Ternium is Latin America’s leading flat steel producer, with operating facilities in Mexico, Brazil, Argentina, Colombia, the southern United States and Central America. The company offers a broad range of high value-added steel products for customers active in the automotive, home appliances, construction, capital goods, container, food and energy industries through its manufacturing and service center network and advanced customer integration systems. More information about Ternium is available at www.ternium.com.
SOURCE: Ternium S.A.
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