Trafigura, Mubadala Cancel Planned Sale of Brazilian Iron Port

Trafigura Group and Mubadala Capital have shelved plans to sell a Brazilian iron ore port after offers came in below what the sellers were seeking amid a cloudy outlook for...

By Mariana Durao, Rachel Gamarski and Archie Hunter · Bloomberg Markets

Trafigura Group and Mubadala Capital have shelved plans to sell a Brazilian iron ore port after offers came in below what the sellers were seeking amid a cloudy outlook for the commodity, according to people familiar with the matter.