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| Alias Born | 09/05/2002 |
Sunday, March 27, 2011 7:32:46 PM
VALE’s Equity-Ownership Pie
The equity stakes are apropos to the federal government’s maneuvers to replace VALE’s CEO (#msg-61382413).
The above chart includes both the common (voting) and preferred (non-voting shares); common shares make up about 62% of the shares outstanding.
Valepar is a consortium headed by Banco Bradesco and Mitsubishi; its majority (~53%) of the voting shares gives it control of the company.
The federal government of Brazil owns a tiny number of so-called golden shares that entitle it to veto power over major corporate changes.
The equity stakes are apropos to the federal government’s maneuvers to replace VALE’s CEO (#msg-61382413).
The above chart includes both the common (voting) and preferred (non-voting shares); common shares make up about 62% of the shares outstanding.
Valepar is a consortium headed by Banco Bradesco and Mitsubishi; its majority (~53%) of the voting shares gives it control of the company.
The federal government of Brazil owns a tiny number of so-called golden shares that entitle it to veto power over major corporate changes.
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