Buy high sell lowVale eyes possible return of ‘Inco’ to Canadian market as it mulls IPO for part of base metals unit
Dec 2, 2014 - 23:13 GMT
TORONTO • Eight years after it disappeared, Inco Ltd. could be poised to return to the public markets in some form. Brazilian mining giant Vale SA, which paid nearly $20-billion for Inco in 2006, said Tuesday it may sell part of its base metals unit in an initial public offering, likely on the Toronto Stock Exchange.