PetroRio Shares Soar After Announcing Purchase of Dommo, Oil Company Previously Owned by Eike Batista. Meanwhile, OGX Shares Plummet After the Surge of Over 200% This Year!
Dommo Energia, the former OGX of ex-billionaire Eike Batista, announced in a material fact to the market on September 5, that vehicles under discretionary management of Prisma Capital and its affiliates became holders of 56.2% of its share capital, equivalent to 286.4 million shares of the company.
According to Dommo’s announcement, the transaction with the former OGX of Eike Batista took place last Monday (5), and the acquisition does not aim to alter the control composition or the administrative structure of the company.
In addition, according to the announcement, Prisma’s funds do not hold subscription bonuses, subscription rights, call options, convertible debentures in shares of Dommo, or derivatives referenced in shares issued by the company.
-
The IMF shows Brazil’s reality in the coming years and projects the country back into the top 10 largest economies in the world by 2030, with a GDP of US$ 3.20 trillion and a jump of US$ 560 billion in five years.
-
With R$2 billion on the table, LG announces a giant factory in Brazil to produce refrigerators, washing machines, and dryers in a unit that will start operating in July 2026 in Paraná.
-
Delayed FGTS will offer online consultation starting in June, and workers will be able to track pending amounts through the Regularize Portal without leaving home, in a change that promises to speed up forgotten deposits.
-
BRICS powerhouse, partner of China, Brazil, and Russia, could become the 4th largest air market on the planet by 2030, driven by 280 million inhabitants, 17,000 islands, and an explosion in demand for flights and modern airports.
These funds “are not part of any agreement regarding the exercise of voting rights or the buying and selling of securities issued” by Dommo.
PetroRio Purchases Dommo and Sees Its Shares Skyrocket on the Stock Exchange
Remembering that PetroRio, or rather PRIO, celebrated last Thursday (01) the memorandum with Prisma Capital for the purchase of the oil company that belonged to businessman Eike Batista.
The transaction involves a stock swap. For each common share of Dommo, shareholders will receive 0.05 common share of PRIO or R$ 1.85, a 6% premium over the closing of the last session.
After the market became aware of the transaction between the oil companies, PRIO shares soared on the stock exchange, ranking among the highest gains on the Ibovespa, while the shares of the former OGX of Eike Batista plummeted to R$ 1.67, representing a decline of 4.02%, following the surge of over 200% this year, amid expectations of the company’s sale.
Flavia Marinho is a postgraduate engineer with extensive experience in the onshore and offshore shipbuilding industry. In recent years, she has dedicated herself to writing articles for news websites in the areas of military, security, industry, oil and gas, energy, shipbuilding, geopolitics, jobs, and courses. Contact flaviacamil@gmail.com or WhatsApp +55 21 973996379 for corrections, editorial suggestions, job vacancy postings, or advertising proposals on our portal.

Be the first to react!