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CVRD sells stake in Bahia Sul to Suzano

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Published in issue 11/2001
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Mining group Companhia Vale Do Rio Doce (CVRD) of Brazil sold its stake in pulp and paper manufacturer Bahia Sul Celulose S.A. (Bahia Sul) to fellow Brazilian Companhia Suzano de Papel e Celulose (Suzano) for US$320m on 22 February 2001. Suzano now controls all voting shares in Bahia Sul. Bahia Sul started pulp ...

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