An undisclosed buyer acquired 4.05% stake in Vale S.A. (BOVESPA:VALE3) from Cosan S.A. (BOVESPA:CSAN3) for BRL 9 billion on January 16, 2025. Cosan intends to use proceeds to pay down debt.

An undisclosed buyer completed the acquisition of 4.05% stake in Vale S.A. (BOVESPA:VALE3) from Cosan S.A. (BOVESPA:CSAN3) on January 16, 2025.