30
Mar
10:33
Capital International Investors reduces shareholding in Vale
Brazilian miner Vale says shareholder Capital International Investors (CII) has reduced its stake in the company, Kallanish notes. CII is a subsidiary of the US Capital Research and Management Company, part of the Capital Group.
“Vale was made aware that CII decreased the number of common shares by 1,729,272 and now manages a total of 249,790,017, representing 4.99% of this class of share,” says the miner in a note. The company confirms that …
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