Vale reports Brazil state authorities freeze $765 million of its assets

Brazilian state prosecutors and public defenders in the state of Minas Gerais have won a bid to freeze assets worth 2.95 billion reais ($765 million) belonging to Vale, which has been struggling since a lethal dam rupture at one of its mines, the company said in a filing on Monday.

from Reuters: Business News https://ift.tt/2V1tRcV