 "China's Cedar Holdings Group shows interest to buy commodity merchant Noble")
Noble Group said it remains in talks with “potential strategic parties” after people familiar with the matter said a Chinese conglomerate had made an approach to shareholders of the commodities trader, which is separately attempting to restructure $3.5 billion in debt.
Cedar Holdings Group has expressed interest in buying control of Noble Group, the people said.
Noble Group’s shares soared as much as 37 per cent, prompting a query from Singapore Exchange, where its stock is listed.
Cedar Holdings Group has expressed interest in buying control of Noble Group, the people said.
Noble Group’s shares soared as much as 37 per cent, prompting a query from Singapore Exchange, where its stock is listed.
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