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Noble's marathon revamp nears finish after Goldilocks deal

Struggling commodity trader Noble Group has gotten investor Goldilocks on board with its restructuring plan, ending months of lawsuits, and now seems on track to complete the large-scale revamping process.
Photo: Bloomberg
Photo: Bloomberg
by Krystal Chia and David Yong, bloomberg

Embattled commodity trader Noble Group Ltd. has won over a major opponent of its make-or-break restructuring plan, ending months of accusations and lawsuits. Shares rallied more than 60 percent.

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