Vale launches public offer to buy rest of Vale Fertilizantes

By Alex Feytis
Published: Friday, 11 November 2011

Brazilian mining giant moves to acquire remaining shares of fertiliser subsidiary

Vale SA is moving ahead in its strategy to fully acquire its fertiliser subsidiary Vale Fertilizantes SA, the Brazilian mining giant declared.

 

Vale explained that it filed, through its subsidiary Mineração Naque SA, the prospect of a public offer to acquire up to 100% of the free float shares...

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