Transportation
Trafigura and Mubadala Plan Sale of Rio Iron-Ore Port
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Trafigura Group and Mubadala Capital are exploring the sale of a Brazilian iron-ore port terminal operator they acquired from former billionaire Eike Batista about a decade ago, according to people familiar with the matter.
The trading giant and the investment arm of Abu Dhabi’s sovereign wealth fund have held talks with banks as they seek a buyer for as much as the entirety of their holdings in Porto Sudeste, said the people, asking not to be named discussing private matters.