OGX To List $2B Shares
OGX Petroleo e Natural Gas Participacoes is seeking to list shares worth $2 billion in London.
OGX Petroleo e Natural Gas Participacoes is seeking to list shares worth $2 billion in London, Financial Times reports. The dual-listing of São Paulo-quoted OGX is scheduled to be ready by the middle of 2011. Eike Batista-owned OGX will start production in the third quarter of this year. Batista runs his group out of Rio de Janeiro through a holding company, EBX Group, which will invest $15 billion between 2010 and 2014 in start-up companies in oil and gas, energy and mining.
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