Billiton gains stake in CVRD

London-based Billiton will pay US$327 million to acquire an indirect 2% stake in Companhia Val do Rio Doce (CVRD), the Brazilian iron ore and aluminum group, at a 50% premium to the current market price.The agreement calls for Billiton to...

By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close