STXNEWS LATAM-Batista cut OGX stake to 50.2 pct in September -filing
Brazilian tycoon Eike Batista cut his stake in oil company OGX Petróleo e Gás SA to 50.2 percent from 52.5 percent in two sales in September, the company said in a securities filing on Wednesday.
Batista sold 74.8 million shares in two tranches, the statement said: 39 million shares at 0.38 reais a share on Sept. 2 and 35.8 million at 0.42 reais a share on Sept. 9, raising 29.7 million reais ($13.4 million).
On Sept. 4 Batista, whose OGX stock has lost more than 90 percent of its value in the last year, said a planned round of OGX stock sales would cut his controlling stake to no less than 50.01 percent.
($1 = 2.21 Brazilian reais) (Editing by Nick Zieminski)