image description
image description
Tell A Friend

FinancialNews


  • 26-09-12

    Qatar Holding rejects reports over Batista's AUX stake talks

    (MENAFN) Qatar Holding, part of Qatar Investment Authority, rejected reports that it was negotiating to buy a minority stake in Brazilian billionaire Eike Batista's gold company AUX, Reuters reported. Previously three banking sources were quoted as saying that Qatar Holding was in advanced talks to buy a 49-percent stake in AUX for about USD2 billion. One of the sources claimed that the Gulf investment vehicle might seal a deal this month. Batista, Brazil's richest man, said in June that he expected to sell the AUX stake, which owns gold mining rights in Colombia, for about USD2 billion by September.

Follow us

RSS
Terms & Conditions  |  Privacy & Security  |  Contact Us  | Sitemap
© 2024 BBK  |  All Rights Reserved