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Brazil's Batista seeks to sell iron ore, coal, gold assets -source
June 25, 2013 / 7:57 PM / 4 years ago

Brazil's Batista seeks to sell iron ore, coal, gold assets -source

RIO DE JANEIRO, June 25 (Reuters) - Brazil’s Eike Batista is seeking to sell his stakes in iron ore, coal and gold mining companies as he tries to raise cash to pay debt and finance investment in his EBX Group industrial conglomerate, a source linked to EBX told Reuters on Tuesday.

Batista is trying to sell all or part of his 27 percent stake in MMX Mineração e Metálicos SA, his 62 percent stake in CCX Carvão da Colombia SA and his AUX gold mining company, the source said.

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