Mubadala and Trafigura Win Sudeste Port Sale

Posted on 09/10/2013


The Eike Batista saga continues. Abu Dhabi-based Mubadala Development Co. invested in Batista’s commodity empire. The Gulf sovereign wealth fund has partnered with Amsterdam-based commodities trader Trafigura Beheer BV to buy a majority stake in a company that owns a major Brazilian iron-ore port. The two investors won over Glencore Xstrata Plc in the port […]