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Read More »Vale looks at selling $10bn of its core assets, CEO says
Bloomberg Vale SA, the world’s biggest iron-ore producer, will consider the sale of $10 billion of its best assets by the end of next year as it seeks to reduce its debt load amid sluggish demand. The Rio de Janeiro-based company also will try to raise $4 billion to $5 billion this year by selling such “non-core†businesses as ...
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