Noble Group stock jumps after agreeing U.S. energy unit sale

Noble Group stock jumps after agreeing U.S. energy unit sale

Noble Group Ltd., the embattled commodity trader backed by China’s sovereign-wealth fund, has agreed to sell its U.S. energy unit to Calpine Corp. for $800 million plus working capital, saying the deal largely completes a drive to raise $2 billion. The shares jumped in Singapore.

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