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Disposal of Remaining Stake in Noble Agri
Publié le 23 décembre 2015
Disposal of Remaining Stake in Noble Agri |
23 December 2015 Hong Kong |
Noble Group (N21) announced today that it had successfully concluded the terms for the disposal to COFCO International Limited of its remaining 49 per cent stake in Noble Agri.
The material terms of the transaction, which is subject to NGL shareholder approval, include the receipt of USD 750 million in cash with the additional retention of upside participation in the future growth of Noble Agri, worth up to USD 200 million.
For further information on the transaction, please see our Media Release and Investor Presentation. |
About Noble Group Noble Group (SGX: N21) manages a portfolio of global supply chains covering a range of industrial and energy products. Operating from over 60 locations, Noble facilitates the marketing, processing, financing and transportation of essential raw materials. Sourcing bulk commodities from low cost regions such as South America, South Africa, Australia and Indonesia, the Group supplies high growth demand markets, particularly in Asia and the Middle East. We are ranked number 77 in the 2015 Fortune Global 500. For more information please visit www.thisisnoble.com.
For further details please contact:
Ms. Chelsea Phua Bell Pottinger Tel: +65 6333 3449 Email: CPhua@bellpottinger.com
Ms. Candice Adam Argentus PR Tel: +44 20 7397 2915 Email: candice.adam@argentuspr.com
Mr. Martin Debelle Citadel Tel: +61 2 9290 3033 Email:mdebelle@citadelpr.com.au |
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