OGX to Get Batista Funds

Eike Batista has agreed to inject as much $1bn in to his OGX oil and gas company, OGX says. The billionaire has granted OGX a put option available through April 2014, which the company will evaluate using. Under the agreement, the OGX controller will buy shares at BRL6.30 ($3.10) each. OGX closed at BRL4.75 Thursday.