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Vale to boost war chest as M&A speculation swirls

MINING giant Vale says it is planning to boost its coffers by up to $US15 billion ($A15.8 billion) through a public offering of shares, as reports emerge that the Brazilian company is once again on the acquisition hunt for a major mining house.

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Vale to boost war chest as M&A speculation swirls

A report in the O Estado de S. Paulo newspaper, citing unnamed people connected to Vale, said three mining companies could be on Vale's radar including Anglo American, aluminium producer Alcoa and US-based...

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