announces the sale of 13% of its basic metals business for US$ 3.4 billion

The transaction valued the mining company's metals division at US$ 26.0 billion On Thursday (27th), Vale (VALE3) announced that it has signed a binding agreement with Manara Minerals and the American asset manager Engine No. 1 to sell a 13% stake in its basic metals unit (VBM) for the amount of…#valevale3 #manaraminerals #engine #vbm

Source: Reuters: Health - July 29, 2023 Category: Consumer Health News Source Type: news