ADVFN - Advanced Financial Network.
HOME» NYSE » C » VALE Stock Price » VALE Stock News

Companhia Vale Do Rio Doce Share News

 Companhia Vale Do Rio Doce Stock Price
VALE Stock Price
 Companhia Vale Do Rio Doce Stock Chart
VALE Stock Chart
 Companhia Vale Do Rio Doce Stock News
VALE Stock News
 Companhia Vale Do Rio Doce Company Information
VALE Company Information
 Companhia Vale Do Rio Doce Stock Trades
VALE Stock Trades

ThyssenKrupp Has Possible Buyers For Alabama, Brazil Operations - Report

FRANKFURT -(Dow Jones)- ThyssenKrupp AG (TKA.XE) has potential buyers for its steel plants in Alabama in the U.S., and Brazil, the weekly wirthschaftswoche reports in an article published Sunday. The Brazilian mining company Vale SA (VALE) is interested in the assets, the article says, citing Brazilian industry sources. The head of the Vale group, Murilo Ferreira, met last week with Brazilian President Dilma Rousseff to discuss details of a full takeover of ThyssenKrupp's steel plant as well as the progress of negotiations with ThyssenKrupp, the article says. Vale already owns a 27% stake in ThyssenKrupp's steel plant, which is near Rio de Janeiro. Another interested investor is Eike Batista, the article adds. Earlier this year, Batista formed a venture with German utility E.ON AG (EOAN.XE) to build power plants in Brazil. POSCO (PKX) is interested in acquiring ThyssenKrupp's Alabama steel plant, the article says, without elaborating. A ThyssenKrupp spokesman wasn't immediately available to comment to Dow Jones Newswires. In mid-May, the steelmaker said it was considering selling new steel mills in the U.S. and Brazil, or bringing in partners to improve performance sustainably. At the time, ThyssenKrupp Chief Executive Heinrich Hiesinger declined to provide a timeframe for selling the Steel Americas business, citing the complexity of such a transaction. But he said ThyssenKrupp had to act on the operations in Brazil and the U.S., after they had accumulated losses of around EUR500 million in the first six months of the company's business year. In fiscal 2011, the losses had amounted to around EUR1 billion. Magazine website: http://www.wiwo.de -Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500

Stock News for Companhia Vale Do Rio Doce (VALE)
DateTimeHeadline
12/09/201614:43:50Report of Foreign Issuer (6-k)
12/06/201606:02:41Report of Foreign Issuer (6-k)
12/05/201617:23:43Report of Foreign Issuer (6-k)
11/30/201608:34:03Report of Foreign Issuer (6-k)
11/29/201617:20:00Brazil's Vale Hopes for Samarco Mining Operations Restart in...
11/29/201616:24:36Report of Foreign Issuer (6-k)
11/29/201614:40:00Brazil's Vale Hopes for Samarco Mining Operations Restart in...
11/29/201614:34:00Brazil's Vale Hopes for Samarco Mining Operations Restart in...
11/29/201612:50:00Brazil's Vale Hopes For Samarco Restart in Mid-2017
11/29/201607:43:12Report of Foreign Issuer (6-k)
11/28/201617:16:00Brazil's Vale Proposes $250 Million Dividend; To Pay in December
11/28/201616:48:33Report of Foreign Issuer (6-k)
11/25/201617:17:44Report of Foreign Issuer (6-k)
11/25/201607:17:18Report of Foreign Issuer (6-k)
11/25/201607:00:35Report of Foreign Issuer (6-k)
11/24/201616:58:00Brazil's Vale Offers Samarco $115 Million in Short-Term Credit...
11/18/201615:20:00Brazil Judge to Hear Charges in Samarco Dam Collapse
11/18/201614:31:00Brazil Judge to Hear Charges in Samarco Dam Collapse
11/17/201617:20:00Probe Over Payments Led Rio Tinto to Fire Top Officials
11/16/201607:25:53Report of Foreign Issuer (6-k)

Companhia Vale Do Rio Doce and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US