Mubadala and Trafigura sign deal to take over Brazilian super port | The National:
"Mubadala Development and Trafigura Group, the world’s second-largest metals trader, have signed a US$996 million deal to take over control of a Brazilian iron-ore port from the fallen tycoon Eike Batista.
Mubadala, the strategic investment company of the Abu Dhabi Government, and Impala, a Trafigura subsidiary, will assume 65 per cent control of MMX Porto Sudeste (PortCo), the company that owns the terminal in Itaguaí, in Rio Janeiro state.
The deal follows recent changes in the terms of an original $2 billion invested by Mubadala in Mr Batista’s Brazilian conglomerate EBX Group in March last year."
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