Sempra Energy orchestrates smooth buy-out of Enron Metal's London arm

On 4 February, Sempra Energy Trading Corporation completed the acquisition of London-based Enron Metals, from the joint administrators of Enron Metals Group. With a history dating back to the formation of Metallgesellschaft in 1970, the broker ' still known as 'MG' ' claimed to be the leading metals trader on the London Metals Exchange. Seven weeks down the line, a combination of regulatory protection and a firm reputation, appears to have saved it from lasting damage from the Enron connection.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: