Macquarie to acquire Cargill's North American power & gas biz

Energy Services | Minneapolis, MN | Corporate Acquisition

Australia's Macquarie has agreed to acquire commodities trader Cargill's North America power & gas business in a deal that comes just three months after Macquarie agreed to acquire Cargill's global petroleum business. Cargill's power & gas division has offices in Calgary, Houston and Minneapolis. Recent divestitures aside, Cargill will remain active in the energy industry with biofuels and tanker shipping.

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J.P. Morgan

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