Brazil’s debt-ridden OGX firm said to lay off staff

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Brazil’s debt-ridden OGX firm said to lay off staff (via AFP)

Brazilian tycoon Eike Batista’s debt-ridden oil firm OGX laid off 20 percent of its 300 employees, the daily Folha de Sao Paulo reported Tuesday. In a brief statement sent to AFP, the company would only say that it “is involved in a process of financial…

ValueWalk’s March 2021 Hedge Fund Update: Klarman, Loeb, Reddit And Much More

Nestle Dan Loeb Daniel Loeb third point capital hedge fund manager activist investor poison pen activism Yahoo corporate governance famous investorsWelcome to our latest issue of issue of ValueWalk’s hedge fund update. Below subscribers can find an excerpt in text and the full issue in PDF format. Please send us your feedback! Featuring Seth Klarman and Dan Loeb's investment in Intel, losses and profits from Reddit's frenzy, and an analysis of hedge fund pay. Q4 Read More


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