ChemChina set to increase its stake in Mercuria | Financial Times

China National Chemical Corporation is set to increase its holding in commodity trader Mercuria, as part of a deal that will see the Swiss group gain an interest in the Chinese company’s onshore refining system. Under the agreement, which is yet to be finalised, the state-controlled conglomerate will add to its 12 per cent stake in Mercuria, one of the world’s biggest traders of oil, gas and metals.

@ Financial Times | April 18, 2018

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