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Noble Group Faces 11th Hour Oil-Unit Sale as Stock Is Halted

Tags: noble stock face

oil tankerBy Jasmine Ng and Lianting Tu (Bloomberg) — Noble Group Ltd. suspended its shares from trading in Singapore on Friday pending the announcement of a major transaction, with the commodity trader seeking to clinch a sale of its oil-trading unit in a deal that may be critical to the company’s prospects for survival. The stock […]

The post Noble Group Faces 11th Hour Oil-Unit Sale as Stock Is Halted appeared first on gCaptain.



This post first appeared on GCaptain - Maritime News, please read the originial post: here

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