Friday, 29 December 2017

Glencore says oil storage stake sale to China's HNA partly done

HONG KONG (Reuters) - Swiss-based trading and mining giant Glencore Plc has partly completed the sale of a 51 percent stake in its storage and logistics businesses to a unit of China's HNA Group, although transfer of some assets is pending U.S. clearance.


from Reuters: Top News http://uk.reuters.com/article/uk-glencore-hna-m-a/glencore-says-oil-storage-stake-sale-to-chinas-hna-partly-done-idUKKBN1EN0SF?feedType=RSS&feedName=topNews

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