Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 15,307.20 -80.41 -0.52%
S&P 500 1,655.35 -13.81 -0.83%
Nasdaq 3,463.30 -38.82 -1.11%
Ticker Volume Price Price Delta
STOXX 50 2,768.79 -66.22 -2.34%
FTSE 100 6,706.63 -133.64 -1.95%
DAX 8,311.59 -219.30 -2.57%
Ticker Volume Price Price Delta
Nikkei 14,484.00 -1,143.28 -7.32%
Hang Seng 22,669.70 -591.40 -2.54%
S&P/ASX 200 5,062.45 -102.92 -1.99%

Batista to Sell 49% AUX Stake to Qatar for $2 Billion, Veja Says

Brazilian billionaire Eike Batista will announce soon the sale of a 49 percent stake in his AUX gold business to a sovereign wealth fund in Qatar, Veja magazine reported today, without saying how it obtained the information.

Bloomberg reported in June that Batista was planning to sell a stake AUX to the Qatar Investment Authority for about $2 billion, citing a person with knowledge of the transaction.

To contact the reporter on this story: Gabrielle Coppola in Sao Paulo at gcoppola@bloomberg.net

To contact the editor responsible for this story: Sylvia Wier at swier@bloomberg.net

Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.

Sponsored Link