Rio Verde Minerals receives takeover bid

Rio Verde Minerals, the Canadian junior company that focus on mining for fertilizers in Brazil, said it has received a non-binding takeover bid from Brazil’s B&A Mineração, the new company set up by Roger Agnelli, former chief executive of mining giant Vale. B&A already owns some 30% of Rio Verde. No details on the deal were given. Rio Verde said it formed a commission to evaluate the offer and would not elaborate on it.

Publicado em: 6/12/2012 20:06:00