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Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
| 62.74 BRL | -0.93% |
|
-0.98% | -18.73% |
| Apr. 25 | Vale Interested in Anglo American Assets But Focused on In-House Options, CEO Says | MT |
| Apr. 25 | Vale S.A CEO Interested in Anglo American Assets But Focused on In-House Growth | MT |
SAO PAULO, July 27 (Reuters) - Brazilian miner Vale SA said on Thursday it reached two separate agreements to sell a 13% stake in its nickel and copper business for $3.4 billion.
Under the deal, a joint venture formed by Saudi Arabian Mining Co (Ma'aden) and the country's Public Investment Fund (PIF) will own 10% of Vale's base metal unit, while investment firm Engine No. 1 will own 3%.
($1 = 4.7515 reais) (Reporting by Peter Frontini; Editing by Isabel Woodford)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 2,686 PTS | +0.86% | +2.29% | - | ||
| 62.74 BRL | -0.93% | -0.98% | 52.39B | ||
| 51.1 SAR | -1.35% | -7.09% | 50.97B | ||
| 5.471 BRL | -1.05% | -1.41% | - | ||
| 1st Jan change | Capi. | |
|---|---|---|
| -18.73% | 52.39B | |
| -11.82% | 51.33B | |
| +23.14% | 9.06B | |
| -22.65% | 8.11B | |
| -2.36% | 5.75B | |
| -36.40% | 5.33B | |
| +29.09% | 2.33B | |
| +9.71% | 1.98B | |
| -7.21% | 1.69B | |
| +6.96% | 1.62B |
VALE S.A. 
