Wed, Sep 28, 2016
A A A
Welcome vaishu
RSS

Commodities Briefing - Categorized | M&A more

Meet the Swiss traders who just bought JP Morgan’s commodities business for $3.5 billion

Posted on 21 March 2014

A global commodities giant in less than a decade. That’s where Mercuria Energy Group is headed. Launched in 2004 by former Goldman Sachs traders Marco Dunand and Daniel Jaeggi, the Geneva, Switzerland-based company was the sixth biggest commodities firm last year, with revenues of $98 billion.
With today’s news that Mercuria will purchase JP Morgan Chase’s commodities business for $3.5 billion, it’s likely to overtake Koch Industries and move up a spot………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 47873 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
banner
banner
September 2016
S M T W T F S
« Aug    
 123
45678910
11121314151617
18192021222324
252627282930