March 21, 2013 / 10:06 PM / in 5 years

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

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.

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