Eneva agrees put option on OGX Maranhao

Brazilian energy company Eneva has agreed an option that could allow it to buy up to 66% ownership of OGX Maranhao from the gas producer’s creditors if OGX fails to honour its debts, reports have said.

Debt move: Eike Batista's OGX could lose control of OGX Maranhao under put option
Debt move: Eike Batista's OGX could lose control of OGX Maranhao under put option
Published 28 October 2013, 14:18Updated 11 October 2016, 13:25
Americas