J.P. Morgan Chase & Co. (JPM) is poised to sell its U.S. metal concentrates business, Reuters reported Friday, citing two sources informed of the deal.

A sale could be announced as soon as Monday, although the size of the deal and the buyer weren't clear, according to the report.

A spokeswoman for J.P. Morgan declined to comment to Reuters.

Full story at http://www.reuters.com/article/2012/04/20/us-jpmorgan-concentrates-idUSBRE83J1KS20120420

-Dow Jones Newswires; 212-416-2900

 
 
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