Monday 23 December 2024
 
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Batista

Mubadala to get 10pc of Brazil iron ore miner

Brazilian tycoon Eike Batista will transfer 17.1 million shares, or 10.5 percent, of his iron ore mining company MMX Mineração e Metalicos SA to Abu Dhabi government investment fund Mubadala Development Corp, MMX said in a statemen

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Qatar Holding denies AUX stake talks

  Qatar Holding, the investment arm of the Gulf state's sovereign fund, denied on Wednesday that it was in talks to buy a minority stake in Brazilian billionaire Eike Batista's gold company AUX.  

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