Itochu sells $1bn Samson stake for $1

Japanese trading house Itochu has sold its 25% interest in embattled Samson Resources back to the company for $1 after paying $1 billion for the stake less than five years ago.

$1: Itochu sells 25%Samson stake for less than a cup of coffee
$1: Itochu sells 25%Samson stake for less than a cup of coffee
Published 23 June 2015, 21:35Updated 17 October 2016, 12:52