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Brazil BNDES sells stake in Vale for $2 billion Crushed iron ore is transported in railroad cars at Vale’s Brucutu mine in Barao de Cocais, Brazil. ( 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 bank’s equity arm BNDESPar this year, raised around 11 billion reais ($2 billion), the Sign Up The Rio de Janeiro-based miner, the world’s top iron ore producer, currently has a market capitalization of almost $93 billion.

Sao pauloJoaquim silvae lunaJair bolsonaroRio de janeiro basedPresident jair bolsonaroGeneral joaquim silvaஸ்ம் பாலொஜெயர் போல்சனாரோரியோ டி ஜானிரோ அடிப்படையிலானதுப்ரெஸிடெஂட் ஜெயர் போல்சனாரோஜநரல் ஜொஅஃஉஇம் சில்வா