Corporacion Aceros Arequipa S.A. (BVL:CORAREI1) made an offer to acquire unknown stake in Tradi S.A. (BVL:TRADIC1) in September 2017. The majority of Tradi shareholders rejected Aceros' first offer in September 2017. Corporacion Aceros Arequipa S.A. made a second offer on October 5, 2017. Shareholders representing around 78% of Tradi stock requested a 60-day extension for Corporacion Aceros Arequipa's second buyout offer which now runs through December 5, 2017. Tradi has an additional 60 calendar days to make a decision by December 5, 2017.

Corporacion Aceros Arequipa S.A. (BVL:CORAREI1) cancelled the acquisition of unknown stake in Tradi S.A. (BVL:TRADIC1) on December 4, 2017. The offer was withdrawn as the shareholders representing 51.116% of the share capital in Tradi S.A. have rejected the acquisition offer.