OGX demands 'put' money from Batista

The governing board of Brazil independent OGX has unanimously asked controlling shareholder Eike Batista exercise a "put" option of up to $1 billion to help capital flow back into the struggling oil and gas company.

Eike Batista': Board requests Brazilian businessman exercise put option
Eike Batista': Board requests Brazilian businessman exercise put option
Published 6 September 2013, 22:10Updated 6 September 2013, 22:22