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Montevideo, November 22nd 2024 - 11:56 UTC

 

 

Brazil's Vale reports record losses; puts prime assets on sale to lower debt

Friday, February 26th 2016 - 11:02 UTC
Full article 30 comments

Brazilian miner Vale SA put its prime assets on the block on Thursday after taking the biggest loss in decades, but analysts said the target to make $10 billion in 18 months was unrealistic and expressed concern a fire sale could destroy equity value. Read full article

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