Noble Sells US Energy Business to Calpine Corp.

SINGAPORE—Commodity merchant Noble Group Ltd. sealed a understanding to sell the American appetite business to American energy era association Calpine Corp. for $1.05 billion.

The latest sale is partial of Noble’s bid to revoke the debt and correct the reputation. Noble shares have been beaten down exceedingly given Feb 2015 after it was indicted of strange accounting from an unknown investigate group. Noble has denied indiscretion and ramped…

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