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Bradespar SA (BRAP4.SA)

BRAP4.SA on Sao Paulo Stock Exchange

30.19BRL
18 Jul 2018
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Exclusive: Pension funds, BNDESPar plan to sell about three percent of Vale - sources

SAO PAULO/RIO DE JANEIRO Brazilian pension funds led by Previ are planning to sell 10 percent to 12.5 percent of their stakes in iron ore miner Vale SA through a public offering, four people with knowledge of the matter said.

Brazilian pension funds may receive Vale shares from holding Litel -filing

SAO PAULO, March 6 The board of Litel Participações, which holds Brazilian pension funds' stakes at miner Vale SA, has proposed to distribute shares of the miner to the funds.

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