„General Electric Co. (GE) has agreed to pay $300 million to take a 0.8% stake in Brazilian industrial conglomerate EBX, which is owned by billionaire businessman Eike Batista.

„EBX is already a large GE strategic partner and by strengthening our existing relationship, this investment opens up more opportunities in key resource-rich areas of the world,“ GE Chairman and Chief Executive Jeff Immelt said in a statement.“ (Wall Street Journal Online)

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