#Brazil’s #Vale looks to sell $10 bln of assets after massive loss

#Brazilian miner #Vale SA put its prime assets on the block on Thursday after taking the biggest loss in decades, but analysts said the target to make $10 billion in 18 months was unrealistic and expressed concern a fire sale could destroy equity value.

Read more at: http://in.reuters.com/article/vale-results-assets-idINL2N16411K

One comment

Leave a comment