Eike Sells Control of LLX

Eike Sells Control of LLX

Brazil M&A

US investment fund EIG Management has agreed to invest up to BRL1.3bn ($562m) in EBX Group logistics operator LLX, LLX says. EIG is to become the Brazilian’s controlling shareholder, with billionaire Eike Batista leaving LLX’s board, but retaining a

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