Sempra Energy is reportedly in talks with the Royal Bank of Scotland (RBS) regarding the potential sale of its commodities arm, Sempra Commodities.
On June 19 Dow Jones and Reuters newswires quoted unnamed sources stating that a deal was near and an announcement imminent. Both RBS and Sempra declined to comment on the rumours.
Sempra Commodities, based in Stamford, Connecticut, comprises Sempra Energy Trading and Sempra Metals, a major open-outcry ring dealer on the London Metal Exchange. Acco