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Possible stake sale leading to IPO of $35b unit generating interest, says Vale

Monday, December 8, 2014 - 05:50

London

VALE SA, the world's largest nickel producer, said the potential sale of a stake in a unit valued at as much as US$35 billion is drawing the attention of investors as the outlook for industrial commodities improves.

"There has been a lot of interest" in an eventual initial