Noble explains steep discounts in 2 major asset sales

Singapore

NOBLE Group, in its public spat with a majority shareholder, has rejected Goldilocks Investment Company's request for Noble to waive the non-disclosure arrangements around their earlier discussions.

The battered commodity trading firm, in an announcement on Monday morning, also provided more details about its sale processes for Noble Americas Corp (NAC) and Noble Americas Gas and Power Corp (NAGP), and said its disposals over the last two years have all complied with listing rules and applicable laws.

Abu …