Radar > 240239

Vale - Companhia Vale do Rio Doce is selling core assets

Vale - Companhia Vale do Rio Doce vai vender ativos core

Intel ID : 240239
Synopsis

Vale - Companhia Vale do Rio Doce (BVMF: VALE3, VALE5; NYSE: VALE), a Rio de Janeiro-based mining company will sell core assets, reported Reuters on 2 September 2016, citing a presentation held by the company to investors.

The company will divest about USD 6Bn in core assets between 2016 and 2017. The divestment intention is to reduce the company's debt, the report noted.
(content in portuguese)

A Vale - Companhia Vale do Rio Doce (BVMF:VALE3, VALE5; NYSE:VALE), empresa mineradora com sede no Rio de janeiro, vai colocar a venda ativos core, segundo publicou a Reuters em 2 de setembro de 2016, citando uma apresentação realizada pela empresa a investidores.

De acordo com a publicação, a empresa vai desinvestir cerca de USD 6bi em ativos essenciais entre 2016 e 2017. A intenção de desinvestimento é reduzir a dívida da empresa.

Seller

Vale
Brazil

Intel ID 240239
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - Vale
(31 Dec 2024)
Revenue: EUR 32.159,64m
EBITDA: EUR 11.482,59m
Net Debt: EUR 11.602,64m
Exchange Rate:
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Seller

Name
verified
Subsector (Old TTR Sectors)
Natural Resources / Mining (Primary)
Primary Sector (TTRSC)
55.05.04 Iron & Steel Mining & Refining
55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources

Secondary Sectors (TTRSC)
20.02.01 Coal & Lignite Production
20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels

55.05.08 Specialty Metals & Minerals
55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources

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Description

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verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.