Eike Batista Sells Hotel Glória in Rio: Daily

By William Jones, Contributing Reporter

RIO DE JANEIRO, BRAZIL – Brazilian entrepreneur Eike Batista has completed the sale of the famous Glória hotel to Switzerland-based company Acron on the morning of Saturday, February 1st. Those with knowledge of the transaction put its value at R$200 million (US$82 million).

Oil tycoon Eike Batista, who recently experienced one of the biggest falls from . . .

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