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BHPB to sell indirect stake in CVRD

BHP Billiton reported that its majority-owned subsidiary, Sweet River Investments, will sell an indirect stake in Brazil's iron ore giant, CVRD.

Tim Treadgold

Sweet River, which is 67%-owned by BHPB, said in a statement to the Australian Stock Exchange that it would sell its 11.56% interest in Valepar SA, the company which owns a 27% stake in CVRD "BHP Billiton's...

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