financetom
Business
financetom
/
Business
/
Miner Vale to receive $1 billion in Alianca Energia JV deal
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Miner Vale to receive $1 billion in Alianca Energia JV deal
Mar 31, 2025 4:48 PM

SAO PAULO, March 31 (Reuters) - Brazilian miner Vale

said on Monday it agreed to form a joint venture with

asset manager Global Infrastructure Partners (GIP) through its

subsidiary, Brazilian energy firm Alianca Energia, according to

a securities filing.

Vale said it would sell 70% of Alianca Energia to GIP,

receiving about $1 billion in cash once the transaction is

completed.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
UK data centre spend to soar to £10 billion a year - Barbour ABI
UK data centre spend to soar to £10 billion a year - Barbour ABI
Oct 22, 2025
LONDON (Reuters) -Spending on new UK data centres is set to rise to 10 billion pounds a year by 2029, a more than five-fold increase from 2024, analysis by construction data firm Barbour ABI has found. A total of 1.75 billion pounds was spent on data centres in the UK last year, with 2.38 billion forecast to be spent in...
Form 8.3 - Just Group plc
Form 8.3 - Just Group plc
Oct 22, 2025
LONDON--(BUSINESS WIRE)--   FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser:   Millennium International Management LP (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of...
Form 8.3 - Alphawave IP Group plc
Form 8.3 - Alphawave IP Group plc
Oct 22, 2025
LONDON--(BUSINESS WIRE)--   FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser:   Millennium International Management LP (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of...
Form 8.3 - Dalata Hotel Group plc
Form 8.3 - Dalata Hotel Group plc
Oct 22, 2025
LONDON--(BUSINESS WIRE)--   FORM 8.3 IRISH TAKEOVER PANEL OPENING POSITION DISCLOSURE/DEALING DISCLOSURE UNDER RULE 8.3 OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2022 BY PERSONS WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE 1. KEY INFORMATION (a) Full name of discloser Millennium International Management LP (b) Owner or controller of interests and short positions disclosed, if different...
Copyright 2023-2026 - www.financetom.com All Rights Reserved