16.02.2012 - Billionaire Batista talking with wealth funds on gold stake
Brazilian billionaire Eike Batista, whose investments range from iron ore to coal, said he’s in talks with sovereign wealth funds and other potential “strategic partners” to sell a stake in his AUX gold unit. Batista’s EBX Group Co. holding company is also still weighing a listing of AUX, which last year paid C$1.08 billion ($1.08 billion) to acquire Ventana Gold Corp., Batista told reporters in Sao Paulo. He didn’t give further details...............................................Full Article: Source
Print