Brazil's Batista confirms talks to sell MPX stake to E.ON

RIO DE JANEIRO/SAO PAULO, March 21 Thu Mar 21, 2013 6:04pm EDT

Related Topics

RIO DE JANEIRO/SAO PAULO, March 21 (Reuters) - Eike Batista, the controlling shareholder of Brazilian energy company MPX Energia SA, confirmed on Thursday he is in talks to sell a stake in the company to Germany's E.ON SE, according to a securities filing.

Batista said he has no plans to surrender control of MPX, and said there are talks under way to bolster the company's capital position.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.