Vale sells stake in MBR subsidiary for 4 bln reais
July 30, 2015 at 08:48 AM EDT
RIO DE JANEIRO, July 30 (Reuters) - Brazilian miner Vale SA said on Thursday it is selling a 36.4 percent stake in Minerações Brasileiras Reunidas SA for 4 billion reais ($1.2 billion) to an investment vehicle managed by Bradesco BBI SA .