Eike Batista, Brazil’s richest person, offered to pay as much as 618.7 million reais ($305 million) to delist his port-operating unit LLX Logistica SA (LLXL3) after the stock fell to a three-year low last month. Batista will offer as much as 3.13 reais cash per outstanding common share, LLX said in a Brazilian regulatory filing today. The offer is 9.8 percent more than LLX’s July 27 closing price and values the company building the Acu port in Rio de Janeiro state at 2.17 billion reais.
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