Eike Batista Sells Stake in Port Company

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Oct. 15 (Bloomberg) -- Bloomberg's Stephanie Ruhle discusses today's top story out of Latin America. She speaks on Bloomberg Television's "Market Makers." (Source: Bloomberg)

Honestly middling performance to something people hope it's going to be, i'd it's going to be a great challenge and opportunity for her.

Thank you for your perspective.

He's the head of technical research at s&p. now we are going to turn our attention to south america where i can batista sells off a chunk of his shrinking empire.

He has sold a controlling stake in his iron ore port to abu dhabi's sovereign wealth fund.

The fund and the dutch company are paying $400 million and assuming 600 million in debt from his mining business.

Already this year, he has sold stakes in power generation, oil and shipping businesses and has relinquished control of his work developing country.

Meanwhile, the centerpiece of his commodity business may file for bankruptcy protection by the end of the month.

A tough year for mr.

Batista.

In a moment, we will have more of my exclusive interview with martha stewart.

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This text has been automatically generated. It may not be 100% accurate.

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