Noble still seeking strategic investor, expects to take up to 2 years to return to profit
Tue, Sep 20, 2016 - 5:50 AM
Noble has cut overhead costs this year by about 20 per cent, saving US$100 million, says Mr Elman.
NOBLE Group Ltd is still seeking a strategic investor as the founder and chairman of the embattled Asian commodities trader says it will take as many as two years for a return to profit. Shares rallied.
"A strategic partner is still very possible," Richard Elman, who is due...