Qatar Said to Be Close to Acquiring Stake in Batista’s AUX Unit

Qatar Said to Be Close to Acquiring Stake in Batista’s AUX Unit

Jonathan Alcorn/Bloomberg

Eike Batista, 55, said last year that AUX was worth $5 billion after purchasing Vancouver-based Ventana Gold Corp. in March 2011 for C$1.08 billion ($1.1 billion).