Wednesday, 7 August 2013

Eike Batista: Reversal of fortune - FT.com

Eike Batista: Reversal of fortune - FT.com:

"
The farmland around São João da Barra is characterised by low-lying restinga scrubland interspersed with pineapple and sugar cane plantations.
But any impression of rustic tranquillity in this remote corner of Rio de Janeiro state is an illusion, according to Asprim, a local landowners’ association.
São João da Barra has become the scene of a David-and-Goliath battle between the region’s small farmers and Eike Batista, the tycoon who was formerly Brazil’s richest man but whose empire of oil, mining and logistics start-up companies is imploding."

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