We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

One black box to another

19 March 2014 By Kevin Allison, Antony Currie

The bank is selling what is probably a low-return unit with regulatory headaches to privately held Mercuria. The lack of financial details makes the price hard to judge, but at $3.5 bln the buyer seems to be paying top whack. With commodities under pressure, that’s a bold move.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)