News
17 November 2020

BNDES raises $462m in Vale shares sale

In:
Metals and Mining
Region:
Americas

Brazil's state-controlled development bank BNDES has announced that its investment arm BNDESPar sold 40 million voting shares of miner Vale for BRL2.5 billion ($462.49 million).BNDES said the sale was made through a block trade operation on Monday at Sao Paulo's stock exchange. The lender...

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