Mercuria in Talks to Sell Stake, Sees $90 Oil Price Floor
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Mercuria Energy Trading SA is still in discussions to sell a 10 to 20 percent stake in the company this year amid more stable oil prices, according to the company’s chief executive officer.
“We will probably have some news in the next six months,” Marco Dunand, the company’s CEO and co-founder, said in an interview at the World Economic Forum in Davos, Switzerland today. “For us, it will be more a year of consolidation than expansion.”