MMX Adds to Rights Offer

MMX Mineracao e Metalicos has closed the latest stage of a rights offering, the Eike Batista-controlled miner says. It raised BRL181m ($92m) through the sale of 46m shares at BRL3.92 each. This follows the BRL774m raised in a previous round closed last month. Shares closed Wednesday at BRL3.16 each. Batista bought 31m shares in October, taking his position in the company to 46.4%.