10
Oct
12:39
Brazil’s Cosan becomes Vale shareholder
Brazilian energy group Cosan says it has acquired a 4.9% stake in Vale’s common shares. The investor confirms it is planning to further increase its interest in the miner, Kallanish notes. Cosan’s stake in Vale could reach 6.5%, pending approval from Brazilian competition regulator Conselho Administrativo de Defesa Econômica (Cade).
“Until Cade's decision, the company will be exposed to an additional and exclusively financial position o…
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Anonymous
Very good overview of the weekly steel market.
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