MMX sells 65% of Sudeste iron ore superport
Oct 15, 2013 | 12:32 PM
| Michelle Madsen
LONDON Brazilian tycoon Eike Batistas MMX Mineracao & Metalicos SA has sold a controlling 65-percent stake in the Sudeste Superport in Brazils Rio de Janeiro state to Dutch trading giant Trafigura Beheer BV and Abu Dhabi investment firm Mubadala Development Co. PJSC.
The $400-million sale of the Sudeste iron ore port, just over 31 miles from Rio de Janeiro, is expected to be completed by year-end, the companies said Oct. 14.....
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