EBX Group Shares Continue to Tumble

By Jack Whibley, Contributing Reporter

RIO DE JANEIRO, BRAZIL - Once valued at over US$60 billion, and last year still worth US$35 billion, Eike Batista’s EBX Group is now being forced to seek buyers and partners to restructure and dismantle its energy, port and mining empire. The trajectory is following the trend in Brazil of Petrobras and Vale's asset shedding.

Project delays, rapid assumption of debt and dwindling confidence in its main companies, mean that the value of . . .

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