financetom
Business
financetom
/
Business
/
Vale expects to close deal over Brazil dam collapse in October
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Vale expects to close deal over Brazil dam collapse in October
Sep 11, 2024 9:18 PM

SAO PAULO, Sept 11 (Reuters) - Brazilian miner Vale

expects to reach a final agreement with authorities

in October regarding reparations related to the collapse of a

dam in the city of Mariana, it said on Wednesday in a securities

filing.

Last week, Reuters reported that Vale, BHP and

their joint venture Samarco could soon reach such an

agreement to pay around 100 billion reais ($17.6 billion), with

the final terms of the deal expected to come in October.

($1 = 5.6688 reais)

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 >
Enfusion Q4 Adjusted Earnings Fall, Revenue Rises
Enfusion Q4 Adjusted Earnings Fall, Revenue Rises
Mar 3, 2025
05:01 PM EST, 03/03/2025 (MT Newswires) -- Enfusion ( ENFN ) reported Q4 adjusted earnings late Monday of $0.03 per diluted share, down from $0.04 a year earlier. Analysts surveyed by FactSet expected $0.06. Revenue for the quarter ended Dec. 31 was $52.9 million, up from $46.5 million a year earlier. Analysts polled by FactSet expected $54.3 million. ...
BRIEF-Viant Technology Announces Acquisition Of Lockr
BRIEF-Viant Technology Announces Acquisition Of Lockr
Mar 3, 2025
March 3 (Reuters) - Viant Technology Inc ( DSP ): * VIANT TECHNOLOGY ANNOUNCES ACQUISITION OF LOCKR Source text: Further company coverage: ...
J.M. Smucker Closes Sale of Cloverhill, Big Texas Brands for $40 Million
J.M. Smucker Closes Sale of Cloverhill, Big Texas Brands for $40 Million
Mar 3, 2025
05:01 PM EST, 03/03/2025 (MT Newswires) -- J.M. Smucker (SJM) closed the sale of its Cloverhill and Big Texas brands, along with certain private label products, to JTM Foods for $40 million in cash. The sale will reduce fiscal 2025 sales by $10 million and will be immaterial to full-year adjusted earnings per share, J.M. Smucker said Monday in a...
New Fortress Energy Stock Is Surging After The Bell: What's Going On?
New Fortress Energy Stock Is Surging After The Bell: What's Going On?
Mar 3, 2025
New Fortress Energy Inc ( NFE ) reported fourth-quarter financial results after the market close on Monday. Here’s a rundown of the report. Q4 Revenue: $679 million, versus estimates of $602.31 million Q4 Adjusted EPS: 13 cents, versus estimates of 4 cents New Fortress Energy ( NFE ) reported fourth-quarter adjusted EBITDA of $313 million and a net loss of...
Copyright 2023-2026 - www.financetom.com All Rights Reserved