Highlights of the week

In a massive boost for the world′s second largest mining company, Vale has secured a US$3 billion credit line from a consortium of 27 international banks - twice the amount originally bid for by the Brazilian company. The transaction, which...
After a week of speculation, Brazilian airline TAM has confirmed it is in negotiations to purchase a major stake in local carrier TRIP Linhas Areas for an undisclosed amount. If successful the deal, which has yet to be signed or approved by...
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