Venezuelan President Hugo Chavez said Ternium SA should accept his government's offer for its 60 percent stake in the country's biggest maker of flat-steel products or face expropriation. The government values Ternium's Siderurgica del Orinoco unit at $800 million, though Ternium shareholders value the Venezuelan operations at $3.6 billion. Chavez said he was prepared to occupy the company's facilities Tuesday if the company and the government failed to agree on a price during a final meeting today.

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