You are here

Noble still seeking strategic investor, expects to take up to 2 years to return to profit

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...

Market voices on: