Tycoon Eike Batista’s shipyard company files again for bankruptcy protection

Brazilian company enters a new recovery process with estimated debt of $1.6 billion

No cause for celebration: Brazilian former billionaire Eike Batista during his glory days cheering with his arms crossed in the shape of an "X" - the trademark of his once mighty empire
No cause for celebration: Brazilian former billionaire Eike Batista during his glory days cheering with his arms crossed in the shape of an "X" - the trademark of his once mighty empirePhoto: REUTERS/SCANPIX
Published 22 January 2024, 15:51Updated 22 January 2024, 15:51