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Pressure grows on Noble Group: Vitol says oil deal 'complicated'

Noble's negotiations with its lenders have also complicated the oil trading unit's sale, say sources

London

VITOL Group's negotiations to buy Noble Group Ltd's oil trading unit are "very complicated" and may not end in a deal, the chief executive officer of Vitol said, adding to pressure on his Hong Kong-based rival.

The sale of the oil business is crucial to the survival of Noble...

sentifi.com

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