MPX Energia SA (MPXE3.SA)
R$ 0.03 (+0.31%)
|Market Cap (Mil.):||R$ 5,553.41|
|Shares Outstanding (Mil.):||578.48|
SAO PAULO, March 28 - Eike Batista, who lost the title of Brazil's richest man as his fortune shrank by two-thirds in the past year, agreed to sell a stake in power company MPX Energia SA to Germany's E.ON SE for about 2.1 billion reais ($1 billion).
SAO PAULO, March 28 - Germany's E.ON SE agreed to increase its stake in Brazilian power producer MPX Energia SA, buying a quarter of the company from controlling shareholder Eike Batista and participating in a capital injection of up to 1.2 billion reais ($596 million).
RIO DE JANEIRO/SAO PAULO, March 21 - Eike Batista, the controlling shareholder of Brazilian power producer MPX Energia SA, is in talks to sell a stake to Germany's E.ON SE as he moves to fund investment plans and bolster the company's capital position.
RIO DE JANEIRO/SAO PAULO, March 21 - 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.
SAO PAULO/RIO DE JANEIRO, March 19 - Billionaire Eike Batista, Brazil's richest man just a few months ago, is in talks to sell a stake in power company MPX Energia SA as crumbling confidence and project delays have cut the value of his fortune almost $20 billion in the past year.
SAO PAULO, March 19 - Eike Batista, the controlling shareholder of Brazilian energy company MPX Energia SA, is in talks to sell a stake in the company, according to a securities filing on Tuesday.
SAO PAULO, March 15 - Germany's E.ON SE has reached a deal to purchase half of Brazilian billionaire Eike Batista's stake in MPX Energia, the energy arm of his EBX conglomerate, a local newswire reported on Friday.
* E.ON lacks the financial muscle to buy MPX alone, Valor says
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MPX Energia SA: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
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