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MMX Mineracao e Metalicos S.A. Message Board

  • oracleofny oracleofny Aug 23, 2013 11:21 AM Flag

    Abu Dhabi interested?

    To offset some declining fortunes, Mr. Batista has been actively selling assets in recent months. In July, Mr. Batista sold a controlling interest in his electricity company, MPX, to the German utility E.On. In recent weeks, rumors that Abu Dhabi’s sovereign wealth fund, Mubadala Development Company, was interested in acquiring some of his assets have been circulating in the local news media. The Mubadala Development Company has already invested over $2 billion in Mr. Batista’s companies.

    Sentiment: Strong Buy

0.200.00(0.00%)Feb 13 9:57 AMEST

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