CVRD's power draws enemies
Article Abstract:
Companhia Vale do Rio Doce S.A. of Brazil is facing customer complaints that the mining conglomerate is increasing steelmakers' costs and taking over the railways needed to export products. Dissatisfied customers are launching lawsuits and appeals to the antitrust authorities of Brazil to reign in the mining industry giant's market power. Companhia Vale do Rio Doce S.A. is one of the most powerful and wealthiest corporations of Latin America.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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Brazil frets over Vale's wanderlust: possible purchase of Switzerland's Xstrata elicits concern about domestic cost
Article Abstract:
Brazil's politicians are concerned that the planned acquisition of Swiss mining firm Xstrata PLC by Brazilian firm Companhia Vale do Rio Doce S.A. would divert a significant level of Vale's attention and financial resources away from the nation. Vale officials, however, stated that overseas expansion will help it remain competitive. The proposed acquisition is valued at up to $90 bil.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2008
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Brazil's CVRD considers acquisition of Eramet
Article Abstract:
Companhia Vale do Rio Doce S.A. of Brazil is considering the acquisition of Eramet S.A. of France. The Brazilian iron ore producer is diversifying and is betting that increased demand for commodities from China will keep pushing up longterm metal prices.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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