Hints and tips:
...Shares of OGX, Batista’s flagship oil company, fell another 20 per cent to R$0.45, while MMX Mineracao e Metalicos and LLX Logistica SA, dropped 15.8 per cent and 9 per cent, respectively....
...The latest to lend a helping hand? BNDES, Brazil’s development bank, which on Thursday approved a 10-year, R$935m ($464.6m) loan to Batista’s mining group, MMX Mineracao e Metalicos....
...Mineracao e Metálicos SA, his iron ore mining company, as well as in his 62 percent stake in coal company CCX Carvão da Colombia SA, a source linked to the EBX Group told Reuters on Tuesday....
...(Bloomberg) (Financial Times) Brazil’s Batista signed a definitive agreement to sell a majority stake in another of his key assets: “Mining company MMX Mineração e Metálicos, which is controlled by Mr....
...And earlier in April, the development bank approved a 10-year, R$935m loan to Batista’s mining group, MMX Mineracao e Metalicos) While Batista has seen violent swings in his companies’ stocks, his personal...
...And just this past April, the government development bank approved a 10-year, R$935m loan to his mining group, MMX.)...
...Shares in OGX Petróleo e Gas Participações, Batista’s flagship oil company, were up 16.4 per cent while MMX Mineracao, his mining company, jumped 17 per cent....
...And as Bloomberg reported: Two other Batista companies, LLX Logistica and MMX Mineracao e Metalicos, were the second- and third-biggest decliners on Brazil’s main index, falling 7.1 per cent and 5.6 per...
...So, for instance, you can see it opposed the exotic tie-up between MMX Mineração e Metálicos, a Brazilian miner owned by billionaire Eike Batista, and PortX Operações Portuárias....
...He also has a mining group, MMX Mineração and Metalicos, and an energy group, MPX Energia, which recently started a partnership with Germany’s Eon to spend up to $34bn on the construction of up to 20,000...
...He also has MMX, a mining company, and MPX, his electricity company that counts Germany’s EON as its partner....
...All companies in the group carry the letter “X” – a reference to Mr Batista`s desire to produce multiple returns....
...OGX plunged 17% in mid-April, driving falls in the group’s other stocks, including iron miner MMX Mineracao e Metalicos, logistics company LLX Logistica and shipbuilder OSX Brasil....
...OGX plunged 17 per cent in mid-April, prompting falls in the group’s other stocks, including iron miner MMX Mineracao e Metalicos, logistics company LLX Logistica and shipbuilder OSX Brasil....
...MMX – which sold some of its mines to Anglo American for $5.5bn in 2008 – is already producing iron ore. MPX and OGX will be delivering energy and oil by mid-2011....
...Eike Batista, Brazil’s richest man, has floated a number of companies with activities in infrastructure. In 2006, an IPO for mining company MMX raised R$1.1bn (US$636m)....
...The steelmakers are investing in Companhia Brasileira de Metalurgia e Mineracão, which has a mine in the south-eastern Brazilian state of Minas Gerais that is the source of an estimated 60-70 per cent of...
...MMX, created in 2005 by Eike Batista, a billionaire entrepreneur, raised $509m when it floated in June 2006....
...Wisco signed a separate co-operation agreement with EBX, MMX’s controller, under which they will begin preparing a potential joint venture to build a steel mill at the Açu Super Port industrial district...
...cent in MMX Minas-Rio, the Brazilian iron ore producer it acquired last year for £3.5bn....
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