Noble Group subsidiary completes sale of unit to Mercuria Energy America

Published Mon, Oct 2, 2017 · 12:03 AM

NOBLE Group's subsidiary, Noble Americas Corp, on Monday announced it had completed the sale of a unit, Noble Americas Gas & Power Corp, to Mercuria Energy America, Inc, for US$102 million.

The sale was initially announced on July, 26 2017.

In addition to the sale, Noble expects to complete the sale of its global oil liquids business by Dec 31, 2017.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here