Batista controls EBX, an empire of interlinking commodity startups. The single most valuable company is publicly traded OGX, which started
producing oil in January 2012. Among his closely held ventures are Colombian gold explorer AUX, Rio de Janeiro real-estate developer REX and technology and sports-management firms.
Eike Batista’s oil company will get the first payment in a rescue plan as early as next week, said two people with knowledge of the transaction, offering a glimmer of hope it can salvage some value from Latin America’s biggest corporate debt debacle.
Eike Batista’s MMX Mineracao & Metalicos SA mining unit is seeking to complete the sale of an iron-ore port to Trafigura Beheer BV and Mubadala Development Co. as early as today, a person with knowledge of the deal said.
Eneva SA, the Brazilian power generator controlled by EON SE and Eike Batista, plunged after a person with knowledge of the matter said the company is postponing the start of its Parnaiba 2 power plant.
Eike Batista’s sports venture with IMG Worldwide Inc. has the resources to operate and grow irrespective of the fate of the former billionaire’s other businesses, Chief Executive Officer Alan Adler said.
The Federal Reserve will release minutes from its Jan. 28-29 meeting, the last presided over by former Chairman Ben S. Bernanke and at which policy makers further reduced the central bank’s record stimulus.