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Brazil's Batista empire keeps shrinking, sells LLX and puts MMX on the market

Cecilia Jamasmie | August 15, 2013 | 6:23 pm Energy Europe Latin America Coal Iron Ore 

Beleaguered Brazilian businessman Eike Batista not only is selling a controlling stake in one of his companies, the LLX logistics firm, for US$560 million (1.3 billion reais), but it is also on the verge of losing its iron ore miner...

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