21.01.2009 - Constellation divests commodities wing in Europe
From IHT: Constellation Energy says it has agreed to divest the majority of its international commodities business — including its coal and freight operations and European energy trading units — to an affiliate of Goldman Sachs. The company did not disclose financial terms. Baltimore-based Constellation Energy Group Inc. said Tuesday the deal is part of a previously announced plan to increase its liquidity and reduce collateral requirements..... Full Article: Source
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