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Europe Daily Bulletin No. 11139

26 August 2014
ECONOMY - FINANCE - BUSINESS / (ae) competition
Mercuria may buy up some JP Morgan Chase trading activities

Brussels, 25/08/2014 (Agence Europe) - On Monday 25 August, the European Commission gave approval to the acquisition of sole control of the physical commodities trading business of JP Morgan Chase & Co. (JPM) of the USA, by Mercuria Energy Group Limited (Mercuria) of Cyprus..

Mercuria is active in the trading of energy products, including crude oil and refined petroleum products, natural gas (including LNG), power, coal, biodiesel, vegetable oils and carbon emissions. Mercuria also provides...