Mubadala to Get More Shares of MMX Mineração e Metalicos
Posted on 08/06/2014
Mubadala Development Co. will receive 17.1 million shares or 10.5% of MMX Mineração e Metalicos SA, a Rio de Janeiro-based iron-ore mining company, from Eike Batista. The transfer will lower Batista’s stake to 46% in MMX Mineração e Metalicos SA, he will still be the largest shareholder (holding his chairman role). Batista has given up […]
