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Brazil BNDES sells stake in Vale for $2 billion

Cecilia Jamasmie | February 23, 2021 | 3:55 am News Top Companies Latin America Iron Ore 

Brazil’s state-owned development bank BNDES has sold its stake in Vale (NYSE: VALE) to exit its position in various companies as part of a broader government divestment plan. The sale of 188.5 million shares in VALE, gradually carried out by the...

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