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Sovereign Wealth Funds Briefing - Categorized | Investment

Batista to sell 49pct AUX stake to Qatar for $2 bln, Veja says

Posted on 24 September 2012

Brazilian billionaire Eike Batista will announce soon the sale of a 49 percent stake in his AUX gold business to a sovereign wealth fund in Qatar, Veja magazine reported, without saying how it obtained the information.
Bloomberg reported in June that Batista was planning to sell a stake AUX to the Qatar Investment Authority for about $2 billion, citing a person with knowledge of the transaction………………………………………..Full Article: Source


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