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Galway Resources Ltd V.GWY



TSXV:GWY - Post by User

Comment by whiteirishon Aug 18, 2012 12:59pm
232 Views
Post# 20233004

RE: batista

RE: batista

He's got $2 billion more than he had after he bought Ventana.

https://www.bloomberg.com/news/2012-06-22/batista-said-to-sell-49-of-aux-to-qatar-for-2-billion.html

Billionaire Eike Batista, Brazil’s richest man, is selling a 49 percent stake in his AUX gold business to the Qatar Investment Authority for about $2 billion, according to a person with knowledge of the transaction.

EBX Group Co., Batista’s Rio de Janeiro-based holding company, decided to sell a stake in AUX after shelving plans to take the company public. AUX mines for gold in Colombia. Batista told reporters yesterday in Rio that he had sold an AUX stake without disclosing the buyer or the price.

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