Brazilian mining company Vale has agreed to sell the 25% stake it holds in Chinese coal miner Henan Longyu Energy Resources to Yongmei Group for CNY1.065 billion (approximately $152 million) as per the latest mining acquisition news. Henan Longyu Energ…
Equinox Gold acquisition of Leagold Mining : Canadian mining company Equinox Gold has signed a deal of about CAD 769.3 million ($ 578.38 million) to acquire Leagold Mining, as per the latest mining acquisition news. Also based in Canada, Leagold Mining…
Coty, a US beauty conglomerate, has announced plans to divest its professional beauty business and associated hair brands, as well as its Brazilian operations as part of its ongoing transformation. The potential divestiture is expected to help Coty focus more on its fragrance, cosmetics and skin care businesses. Aligned with Coty’s previously announced turnaround plan, […]
Chemical industry news : Norwegian chemical company Yara has agreed to acquire a fertilzer complex in Cubatao from mining company Vale for an enterprise value of $255 million to establish as a nitrogen producer in Brazil. The transaction is expected to boost the production footprint of Yara besides complementing its existing distribution position. For Vale, […]
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Brazilian football legend and World Cup ambassador Pele opens the ‘Brasil: um pais, um mundo’ (‘Brazil: a country, a world’) exhibition in Sao Paulo to […]
The 2013 FIFA Confederations Cup kicks off in Brazil on Saturday. The winners of each football confederation compete in this tournament as a prelude to […]
It may not be the World Cup but with Thiago Silva, Marcelo and Hulk all onboard, Brazil are gearing up for the Olympic games as […]