Brazil’s Vale mulls raising stake in power generation company: paper

SAO PAULO (Reuters) – Brazilian miner Vale (VALE3.SA) is in talks to increase its stake in Aliança Energia SA (TAEE11.SA), an energy generation and trading joint venture with Companhia Energética de Minas Gerais (CMIG4.SA) set up in 2015, according to a report in newspaper Valor Econômico on Tuesday.


By Ana Mano via Reuters


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