Biofuel Maker Renewable Energy Group Said to Field Interest

  • Iowa firm has held talks with large oil and gas companies
  • Company’s shares are worth only a third their price a year ago
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Renewable Energy Group Inc., a green diesel maker, is exploring options after receiving takeover interest, including selling itself, according to a person familiar with the matter.

Its shares soaredBloomberg Terminal as much as 28% in its largest climb since March 2020 on the news.