Mercuria Ends Decade-Long Chinese State-Linked Ownership

Mercuria has repurchased its shares from CNIC, concluding a ten-year period of minority ownership by entities associated with the Chinese state. Bloomberg posted on X, highlighting this significant move in the commodity trading sector. This buyback marks a strategic shift for Mercuria, one of the largest commodity traders globally, as it regains full control over its shares previously held by Chinese state-linked companies. The decision underscores Mercuria's intent to consolidate its ownership structure and potentially streamline its operations moving forward.