Vale gets offers for stake in base metals unit
Friday, May 19, 2023 - 13:59:53
Reuters
Vale would sell 10% of the unit worth around $2.5 billion, the newspaper reported, adding the binding offers are likely to be analyzed next Thursday by the company’s board.

Earlier this year, Vale said it expected an advance in its efforts to sell its stake to come in the first half of this year.

The company’s press office declined to comment.

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