Vale announces the outcome of the public offer to acquire common shares of Vale Fertilizantes
Vale announces the outcome of the public offer to acquire up to all remaining total common shares (OPA) of Vale Fertilizantes S.A. (Vale Fertlizantes), by its subsidiary Mineração Naque S.A. (Mineração Naque).
The OPA started on November 18, 2010 when the offering document (Edital) was published and ended today with the public auction, which offered a purchase price of R$ 23.50 for common share of Vale Fertilizantes. 20,317 common shares were acquired in the auction. The financial settlement will happen on December 23, 2010.
Vale will increase its direct and indirect holding in Vale Fertilizantes to 99.83% of the total common shares and 78.92% of the total capital.
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