Mubadala, Trafigura hire UBS BB and Goldman Sachs to sell Brazil port, sources say
Mubadala Capital and commodities trader Trafigura have hired UBS BB and Goldman Sachs to help sell a Brazilian iron-ore port they bought a decade ago from former oil and mining tycoon Eike Batista, according to two people familiar with the matter. Mubadala and Trafigura are looking to sell the port terminal in Rio de Janeiro state, called Porto Sudeste, together with an iron-ore mining project they both own in the state of Minas Gerais, said one of the sources. The mining project is called Mineração Morro do Ipê, the source said.