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Vale: Acquires Ferrous Resources for $550 Mn

Worth Watching: 06 Dec 2018, 3:08 PM ET
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Vale (Baa3/BBB-) announced the acquisition of Ferrous Resources for $550 mn, including $58 mn of debt as of YE17 that will be repaid at closing. The deal is expected to close in 2019, subject to antitrust approval in Brazil and other customary ..

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