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Eike Batista Oleo & Gas Participacoes SA (OGXP3)

Oil Company Batista Leapfrogs After $5.8 Billion Debt Unanimity

Oil Company Batista Leapfrogs After $5.8 Billion Debt Unanimity   A former Brazilian billionaire’s oil company, Eike Batista Oleo & Gas Participacoes SA (OGXP3) jumped after creditors agreed to change $5.8 billion of debt into a 90 percent equity stake.   The company surged to 32 percent in Sao…>read more

No Comment December 26, 2013