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Stock Market & Financial Investment News

News Breaks
December 23, 2013
17:11 EDTVALE, BIPBrookfield Infrastructure to invest $350M in South America
Brookfield Infrastructure (BIP) announced it has signed agreements to invest alongside institutional investors to acquire an approximate 27% interest in VLI, one of Brazil's largest rail and port logistics businesses, for $850M, of which Brookfield Infrastructure will invest approximately $350M. VLI is a unit of Vale (VALE). The terms of Brookfield's investment include a mechanism to ensure that a minimum return is achieved over a period of up to six years from closing, which is expected to occur in 1H.
News For BIP;VALE From The Last 14 Days
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April 10, 2014
07:26 EDTVALECommittee recommends Vale be stripped of Simandou license, WSJ says
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April 4, 2014
06:08 EDTVALEVale implied volatility of 28 at lower end of index mean range
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April 3, 2014
06:32 EDTVALEVale temporarily suspends coal transporting from mines in Mozambique, WSJ says
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April 2, 2014
13:32 EDTVALERebels blamed for attack on Vale coal train, eNCA reports
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