UPDATE 2-Batista's OSX reaches $1.5 bln deal on OGX contracts

RIO DE JANEIRO, Dec 26 (Reuters) - Brazilian tycoon Eike Batista's troubled shipbuilder OSX Brasil SA and oil company Oleo e Gas Participações SA have taken another step toward emerging from Latin...

from Reuters: Mergers News http://feeds.reuters.com/~r/reuters/mergersNews/~3/-LcB_buTEoY/story01.htm