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Vale sheds more assets: No longer majority share holder of logistics company VLI

Ana Komnenic | December 24, 2013 | 7:59 pm Europe Latin America Iron Ore 

Brazil's mining giant Vale has sold an additional 26.5% of its stake in VLI SA, a logistics company, bringing its stake in the firm to 37.6% and concluding several months of negotiations. An investment fund managed by Brookfield Asset Management...

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