Noble Group faces 11th hour oil-unit sale as stock is halted

Noble Group faces 11th hour oil-unit sale as stock is halted

Noble Group Ltd. signage sits on display outside during an investor day in Singapore, on Monday, Aug. 17, 2015. Photographer: Nicky Loh/Bloomberg

Noble Group Ltd. suspended its shares from trading in Singapore on Friday pending the announcement of a major transaction, with the commodity trader seeking to clinch a sale of its oil-trading unit in a deal that may be critical to the company’s prospects for survival.

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