Branching out: A file picture showing work in progress at an iron ore mine. Vale’s assets include manganese and iron ore mines, as well as logistics operations, worth a total of US$1.2bil (RM5.06bil) including debt. — Bloomberg
SAO PAOLO: Brazil’s Batista brothers built the world’s largest meat supplier through ruthless deal making, often buying unwanted assets and turning them around.
Flush with cash, now they’re getting into the mining business.
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