OGX Mulls Bankruptcy Protection Filing

Mani

Published onOctober 7, 2013

Updated on May 13, 2021

OGX Petroleo e Gas Participacoes SA (BVMF:OGXP3), the Brazilian energy producer, is reportedly considering filing bankruptcy filing.

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Cristiane Lucchesi of Bloomberg, citing known sources, reports the oil company may file for bankruptcy protection filing in about a month.

OGX Capital restructuring

OGX Petroleo e Gas Participacoes SA (BVMF:OGXP3)’s controlling shareholder, Eike Batista, was Brazil’s richest man and the world’s seventh wealthiest man just a year ago, with a fortune approximating $35 billion.

However, recently OGX announced it was foregoing a $44.5 million...

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Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

OGX Mulls Bankruptcy Protection Filing

OGX Capital restructuring

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