Vale S.A. (BOVESPA:VALE3) intends to acquire BHP Billiton plc (LSE:BLT)'s stake in Samarco Mineração S.A. Sources have told both Reuters and Bloomberg that the pair were in talks over options for the Samarco's future. Vale believed Samarco could restart sooner if it had a sole owner, a source told Reuters, but the acquisition would depend on BHP's willingness to exit its only iron ore operation outside Australia.
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
61.76 BRL | -2.48% |
|
-0.60% | -19.95% |
12:18am | Miner Vale sees iron ore output at high-end of 2024 guidance after Q2 rise | RE |
07-16 | Brazil's Vale Q2 iron ore output up 2.4% from a year earlier | RE |
![Consensus](/images/consensus_flch.gif)
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-19.95% | 49.2B | |
-22.95% | 46.71B | |
+17.75% | 8.65B | |
-28.20% | 7.83B | |
-31.29% | 5.48B | |
-9.18% | 5.4B | |
+14.40% | 2.06B | |
-5.77% | 1.7B | |
-2.98% | 1.46B | |
-24.10% | 1.42B |
- Stock Market
- Equities
- VALE3 Stock
- News Vale S.A.
- Vale Reportedly Reportedly In Talks To Acquire Samarco