MarketsNotableConfirmed
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Votorantim divests 64.7% stake in Nexa Resources to Boliden in $1.3B stock swap
Brazil Journal·BR · PE · SE·about 7 hours ago
Brazilian conglomerate Votorantim has reached an agreement to sell its mining and metallurgy subsidiary, Nexa, to Sweden's Boliden. This follows the earlier divestment of its aluminum unit, CBA, signaling a strategic pivot away from heavy industrial assets toward a more diversified business portfolio.