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CVRD share purchase sparks 're-nationalisation' talk

BUSINESS in Brazil has been thrown into confusion by a government move to effectively re-national...

Tim Treadgold
CVRD share purchase sparks 're-nationalisation' talk

The left-wing government of President Luiz Inacio Lula da Silva has used the National Development Bank to pay US$520 million to buy an 8.5% stake in CVRD, the world’s biggest iron ore miner. The bank...

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