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Grupo EBX To Pay $1.5B For Ventana

Grupo EBX has acquired Canadian gold-mining company, Ventana Gold.

    Grupo EBXhas acquired Canadian gold-mining company,Ventana黄金,The Wall Street Journalreports. TheEike Batistacontrolled investment company took control of Ventana through its international unit,AUX Canada Acquisition.

    EBX, which owned 20% of Ventana before the deal, will now hold a 91.3% stake in the Vancouver-based company. In connection to the deal, the directors of Ventana have been replaced by Batista,Luiz Correia,Leonardo Moretzsohn,Pedro Garcia,Peter Nathanial,John BrooksandMark Bennett, addsCanada Newswire.

    Click here for the story fromThe Wall Street Journal.

    Click here for additional coverage fromCanada newswire.

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