ChemChina to buy 12% stake in Swiss energy trader Mercuria

ChemChina to buy 12% stake in Swiss energy trader Mercuria

Photo: Reuters

ChemChina has agreed to buy a stake in Swiss energy trader Mercuria, the companies said on Monday, cementing its role as one of China’s most acquisitive firms as its expands in new areas and as Beijing opens its oil markets for more imports.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter