Vale to Sell as Much as 49% of Fertilizer Unit in an IPO: Report
March 04, 2011 at 11:02 AM EST
Vale S.A. (VALE), the world’s largest iron ore miner which bought assets worth $5.8 billion for its fertilizer business last year, is looking to sell as much as 49% of fertilizer unit in an IPO in the second half of 2011, Bloomberg reports. The Rio de Janeiro-based company is in talks with financial institutions including [...]
