Brazilian Industrial Giant WEG Overtakes Mining Powerhouse Vale in Market Value

In a surprising turn of events, WEG S.A., a Brazilian industrial equipment manufacturer, has surpassed mining giant Vale S.A. to become Brazil’s third-largest company by market capitalization. This shift, reported by financial consultancy Elos Ayta on January 14, 2025, marks a significant change in Brazil’s corporate landscape. WEG‘s market value reached R$ 223.4 billion ($37.2 […]