Announced
Synopsis
Brazilian miner Vale, the world’s top nickel producer, is acquiring the control of Ferrous Resources, its controlling shareholder Icahn Enterprises reported in a securities filing. Ferrous, which explores iron ore, will merge into a company controlled by Vale and will be valued at $550m, including debt. The transaction is expected to close next year.
Principals
Show Details & Financials
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.