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Mercuria Said to Offer Jobs to JPMorgan Traders

Mercuria Energy Group Ltd., which agreed to buy JPMorgan Chase & Co.’s physical commodity unit for $3.5 billion in March, is offering jobs to about 200 people, or half the unit’s staff, according to a person familiar with the matter.

Mercuria, whose main trading floor is in Geneva, began making offers to traders and executives in the JPMorgan commodities unit late last week, said the person, who asked not to be identified because the process is private. Those who aren’t offered jobs will either stay with JPMorgan or be fired, the person said.