Trafigura completed the acquisition of a 31.78% stake in Puma Energy from Sonangol for $600m.

Trafigura, a Singaporean multinational commodity trading company, completed the acquisition of a 31.78% stake in Puma Energy, a mid-and downstream oil company, from Sonangol, a petroleum and natural gas production company, for $600m. “The sale of Sonangol’s entire shareholding (31.78%) in Puma Energy and the acquisition of Puma Energy’s assets in Angola represents the achievement of a strategic objective for the company," Gaspar Martins, Sonangol Chairman and CEO.