Vale SA May Sell 31% Stake In Log-in Logistica Intermodal SA Container Unit-Reuters

Thursday, 27 Dec 2012 10:24am EST 

Reuters reported that Vale SA may sell its 31% stake in Log-in Logistica Intermodal SA as part of efforts to raise cash for investment. The Company confirmed a report in the Valor Economico newspaper, which said Vale's stake in Log-in is worth about BRL217 million ($106 million) at current market prices. 

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