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Noble wraps up sale of Mongolian coal unit

Disposal marks end of a roller coaster week involving wrangle with critics and share buybacks

Singapore

ASIA's largest commodities trader Noble Group has closed the disposal of its wholly owned Mongolian coal subsidiary Enkhtunkh Orchlon LLC (EO) to Australian-listed Guildford Coal for an aggregate consideration of up to US$65 million, following the exercise of an option on Dec 24

sentifi.com

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