Brazil state bank won't block Vale bid for Xstrata

[NewsWhore]

RIO DE JANEIRO - Brazil's state development bank BNDES sees no reason to oppose local mining giant Companhia Vale do Rio Doce's attempt to buy Swiss-based rival Xstrata PLC, the bank's president said ...

More... (http://story.brazilsun.com/index.php/ct/9/cid/24437442923341f1/id/12738282/)