Noble Group confirms strategic stake talks


LONDON: Noble Group Ltd surged the most in over a year after it said it’s in discussions with a strategic investor, which people familiar with the talks identified as China’s Sinochem Group.

Noble rose as much as 17% in Singapore, its biggest gain since October 2015. The company is discussing a strategic investment, according to a statement that didn’t refer to Sinochem.

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Business , Noble , Sinochem

   

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