Abu Dhabi government fund purchases part of Brazilian group EBX

Posted on March 27, 2012 • Filed under: Brazil, Business

An investment fund Abu Dhabi government, Mubadala Development Company, bought part of the Brazilian group EBX millionaire Eike Batista for 2,000 million dollars.
Mubadala’s investment guarantees preferential participation of 5.63% shareholder in Centennial Asset Brazil Equity Fund LLC and other holdings of Batista, considered the richest man in Brazil. Read Article

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