Business Services Industry
CVRD competes with Xstrata for Noranda.
South American Business Information, July, 2004
Brazil, Jul 8, 2004 (Valor Economico /SABI via COMTEX)
Along with the Brazilian mining company CVRD (Companhia Vale do Rio Doce), the Swiss Xstrata and a Chinese group are competing for the acquisition of the Canadian Noranda. Part of the payment for the 42% stake owned by Brascan may concern its copper assets, like the mine Sossego. The remaining part of the payment may come from the sell off of a stake in CST (Companhia Siderurgica de Tubarao) to Arcelor last week (US$578.5mil). Vale plans to become a major player in the copper market.
Copyright (c) 2004, South American Business Information, All rights reserved.
News Provided by COMTEX (http://www.comtexnews.com)
Premium Content Partnership |
HighBeam Research provides an in-depth online archive library of reference works.
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
