Constellation offloads international commodity business
Goldman Sachs has purchased Constellation Energy Group's London-based international commodities business for an undisclosed fee. The deal is still pending and neither party would comment on the full details, although Michael DuVally, a spokesperson for Goldman Sachs, said the new business complemented its existing operations.
Constellation's international business includes the company's coal and freight platforms, as well as its European-focused power, gas and carbon trading operations. The
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