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Singapore commodity trader Noble Group to sell US unit to Calpine for $1.05b

Singapore commodity trader Noble Group to sell US unit to Calpine for $1.05b

Visual from the company website. August 2015

Noble Group Ltd. has agreed to sell a U.S. energy unit to Calpine Corp. as the commodity trader that’s backed by China’s sovereign-wealth fund seeks to raise cash and boost liquidity.

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