Australian bank Macquarie Group to buy Cargill's global oil business

Australian bank Macquarie Group to buy Cargill's global oil business

The logo of Australia's Macquarie Group Ltd adorns a desk in the reception area of their Sydney office headquarters in Australia. REUTERS/David Gray

Australian bank Macquarie Group Ltd is planning on buying Cargill Inc’s global oil business, according to people familiar with the matter, marking the second energy business the global commodities trader has shed this year.

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