JP Morgan and RBS Sempra Commodities agree $1.7bn deal

The assets will be integrated into JP Morgan’s existing global commodities business after the transaction closes in the second quarter of 2010 (pending regulatory approval). The Royal Bank of Scotland Group (RBS) will receive a 47% share of the $1.7bn purchase price. RBS made an initial investment of $1.7bn in the business.

Blythe Masters, head of global commodities at JP Morgan, says: “We are pleased to welcome the talented employees of RBS Sempra Commodities to JP Morgan. The skills and relatio

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net 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 indvidual account here: