BUSINESS

JPMorgan Buys RBS Sempra In Bid To Strengthen Its Commodities Business

04/18/2010 05:12 am ET | Updated May 25, 2011

JPMorgan said on Tuesday it had agreed to buy RBS Sempra Commodities' non-US assets for $1.7bn in cash in a deal that will challenge the dominance of Goldman Sachs, Morgan Stanley and Barclays Capital in raw materials dealing.

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