AUX - Who bought the 49% stake? AUX buyer not confirmed yet.
Possible there is a major gold mining company buying AUX's 49% stake. We do not know who the buyer is. Qatar may be involved but in a "finance support" role (they certainly have the money)....just speculating while we wait for news.
Link: https://www.bloomberg.com/news/2012-06-22/batista-said-to-sell-49-of-aux-to-qatar-for-2-billion.html
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.
An EBX official in Rio declined to comment. A call to a Dubai-based official of the Qatar Investment Authority outside of business hours wasn’t answered, while a representative for the fund in London declined to comment.