J.P. Morgan announced today that it will acquire RBS Sempra Commodities' global oil, global metals and European power and gas assets. The transaction is expected to close in the second quarter of 2010, pending regulatory approvals. These assets will be integrated into J.P. Morgan's existing Global Commodities business, led by Blythe Masters.
Feb 16 · 11:30:00 AM · Source: Company Press Release
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by Larry Etter
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