| J.P. Morgan Chase & Co. will sell a much smaller chunk of its physical commodities business to a Swiss trading firm than previously planned, cutting the deal's value to about $800 million from $3.5 billion, according to people familiar with the matter.
The sale to Mercuria Energy Group Ltd., one of the world's largest commodity traders, is expected to be completed this week, the people said. Prices of commodities such as oil and copper have fallen sharply since the companies announced the transaction in March...............................................Full Article: Source
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