Vale to sell 25% stake in China&#8217;s Henan Longyu for $152m

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	Vale to sell 25% stake in China’s Henan Longyu for $152m
	admin
	2019-12-27
发布年	2019
语种	英语
国家	国际
领域	地球科学
正文(英文)	(Image courtesy of Vale) Brazilian mining company Vale SA said on Friday it has agreed to sell its 25% stake in China’s Henan Longyu Energy Resources Ltd. to Yongmei Group Co. for about $152 million. In a securities filing, Vale added the transaction is expected to be concluded in the first quarter of 2020. The company also said the divestiture in Henan Longyu Energy Resources is part of its strategy better allocate capital and streamline its businesses. (By Gabriela Mello; Editing by Louise Heavens)
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来源平台	Minging.com
文献类型	新闻
条目标识符	http://119.78.100.173/C666/handle/2XK7JSWQ/219328
专题	地球科学
推荐引用方式 GB/T 7714	admin. Vale to sell 25% stake in China’s Henan Longyu for $152m. 2019.