Brazil's CVM is investigating the put option of OGX initiated by its billionaire owner Eike Bautista.
Tags: Eike Batista
Eike Batista sells LLX Logistica sale to EIG Global Energy Partners, raises money for superport completion
Eike Batista sold his shares in LLX Logistica to EIG Global Energy Partners for USD 562 million. Brazilian businessman Eike Batista ceded control of LLX Logística to EIG Global Energy Partners.
Brazil's richest loses more than US$30 billion, worth down 74%
Batista's worth went down 74% after losing more than US$30 billion. The richest man in Brazil, Eike Batista, saw his worth go down 74% this year.
Brazil oil company shareholder takes problems to court
A shareholder of OGX asked a Rio court to freeze transactions of firms related to Eike Batista A shareholder of OGX Petroleo & Gas Participacoes requested a Rio de Janeiro court to freeze asset sales and payments to firms linked with billionaire controller Eike Batista.
OGX To Sell Oil License Stakes
OGX in talks to sell its oil license stakes to avoid running out of cash OGX Petroleo & Gas Participacoes (OGXP3) in talks regarding sale of stakes in crude oil block licenses that owned by OGX.
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Petronas of Malaysia has purchased a stake in a Brazilian oil field owned by Eike Bautista. Petronas, the state backed Malaysian oil company Petronas has entered into an agreement to pay US$850 million for a stake in an oil field located offshore in Brazil.
Brazil's Eike Batista said on Monday he plans to delist his logistics company LLX. Brazil's Eike Batista, facing tumbling confidence among investors in the value of his energy and mining conglomerate, said on Monday he plans to delist his logistics company LLX, whose shares have lost 80 percent of their value since 2010.
