Vale launches public offer to buy rest of Vale Fertilizantes
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...