Caixa Buys Mining Stake from BNDESPar

BNDESPar has sold its 17.2% stake in Brazilian miner Paranapanema to Caixa Economica Federal, Paranapanema says. It does not state an exact value, though the 54.99m shares involved are worth BRL248m ($122m) at Friday’s BRL4.51 closing price. The copper and fertilizer specialist says the transaction does not affect its controlling group structure.