14
Jan
11:44
Brazil’s Bradespar divests relevant shareholding in Vale
Brazil’s Bradespar says it has reduced its participation in Vale by almost 80%. The investment company of Bradesco Bank, which had a 6.01% stake in the miner, returned to its shareholders 130.6 million common shares due to a capital reduction. These are equivalent to 44.4% of its shareholding in Vale.
“Bradespar now manages a total 163,252,389, representing 3.34% of this class share,” Vale says in a note sent to Kallanish. “The investment c…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous