Bumi considers selling Bakries' stake in market for cash: report
LONDON (Reuters) - Indonesia-focused coal miner Bumi Plc is considering selling the 23.8 percent stake held by Indonesia's Bakrie family in the market for cash, instead of a previous plan to cancel...
View ArticleMiner Bumi strikes deal to claw back lost millions
LONDON (Reuters) - Indonesia-focused coal miner Bumi Plc has struck a deal with the former head of its Berau subsidiary to recover $173 million (112 million pounds), most of the cash it said last...
View ArticleTycoon to buy Bakrie stake in Bumi coal mine
Related articles Battle for Bumi on as investor sells 10% stake Bakries to end Bumi deal Rothschild defeated in showdown JAKARTA — Indonesian coal tycoon Samin Tan has agreed to a $223m deal to lift...
View ArticleBumi Chairman Tan to Double Stake to 47.6% in Bakrie Deal
Bumi Plc (BUMI) Chairman Samin Tan agreed to buy out Indonesia’s Bakrie family from the London-traded coal producer, setting him on course for a battle with financier Nathaniel Rothschild, who has...
View ArticleTan to buy out Bakries from Bumi Plc in $223 million deal
JAKARTA/LONDON (Reuters) - Indonesian coal tycoon Samin Tan has agreed a $223 million deal to lift his stake in Bumi Plc to over 47 percent, buying out the Bakrie family in the first part of a deal...
View ArticleBumi Agrees to Recover Missing $173 Million From Former Director
Bumi Plc, the Indonesian coal producer trying to recover $201 million in missing funds, said it agreed to recover the majority of the money in a deal with former company director Rosan Roeslani....
View ArticleRothschild Rails Against Bumi’s Bakrie Exit Plan as ‘Stitch-Up’
Nathaniel Rothschild, the financier who co-founded Bumi Plc (BUMI), has vowed to fight a deal struck by the Indonesian coal producer’s two biggest shareholders giving Chairman Samin Tan control of...
View ArticleBumi Chairman’s Plan to Double Stake Incurs Wrath of Rothschild
Bumi Plc Chairman Samin Tan’s agreement to buy out the Bakrie family from the Indonesian coal producer has provoked the ire of financier and fellow shareholder Nathaniel Rothschild. Tan’s PT Borneo...
View ArticleBumi Said to Near $508 Million Bakrie Exit, Weigh Dividend
Bumi Plc (BUMI), the Indonesian coal producer at the center of an ownership dispute, is close to a $508 million deal that will see one of its co-founders, the Bakrie family, exit from their investment...
View ArticleRothschild asks watchdog to look into Bumi - source
LONDON (Reuters) - Financier Nat Rothschild has asked Britain's financial market watchdog to look into whether Indonesia-focused coal miner Bumi made misleading statements to the market, a source...
View ArticleSeparation Transaction Update (Bumi plc)
(Source: Bumi plc) 18 July 2013 For Immediate Release Bumi plc ("Bumi" or the "Company") Separation Transaction Update Bumi today announces that it has taken the next step in the process of...
View ArticleBumi says Bakries offer stake to major shareholder Samin Tan
LONDON (Reuters) - The Indonesian Bakrie family, the major shareholder in Bumi Plc , is in talks to sell its stake in the coal mining group to its chairman Samin Tan, Bumi Plc said on Wednesday. The...
View ArticleBumi takes first steps to separate from Bakries
By Sarah Young LONDON (Reuters) - Coal miner Bumi Plc set in motion the first part of a plan to separate from Indonesia's Bakrie family, signing a $501 million agreement to sell a minority stake in...
View ArticleTan to buy out Bakries from Bumi Plc in $223 million deal
JAKARTA/LONDON (Reuters) - Indonesian coal tycoon Samin Tan has agreed a $223 million deal to lift his stake in Bumi Plc to over 47 percent, buying out the Bakrie family in the first part of a deal...
View ArticleRothschild asks watchdog to look into Bumi: source
LONDON (Reuters) - Financier Nat Rothschild has asked Britain's financial market watchdog to look into whether Indonesia-focused coal miner Bumi made misleading statements to the market, a source...
View ArticleEx-Thai PM in talks to buy Bakrie's stake in Bumi Plc: report
LONDON (Reuters) - Former Thai prime minister Thaksin Shinawatra is in talks to buy the Bakrie family's 23.8 percent stake in Indonesia-focused coal miner Bumi Plc , a report on Sunday said. The price...
View ArticleBumi says Bakries offer stake to major shareholder Samin Tan
LONDON (Reuters) - The Indonesian Bakrie family, the major shareholder in Bumi Plc , is in talks to sell its stake in the coal mining group to its chairman Samin Tan, Bumi Plc said on Wednesday. The...
View ArticleBumi considers selling Bakries' stake in market for cash: report
LONDON (Reuters) - Indonesia-focused coal miner Bumi Plc is considering selling the 23.8 percent stake held by Indonesia's Bakrie family in the market for cash, instead of a previous plan to cancel...
View ArticleBORN Wants ROI in Bumi Plc
, Jakarta:Borneo Lumbung Energi & Metal (BORN) expects a return on its investments worth US$1 billion following a purchase of a 23.8 percent stake in Bumi Plc. Alexander Ramlie, BORN director,...
View ArticleBorneo to sell AKT’s shares to expand, pay debts
Paper Edition | Page: 13 Coal miner PT Borneo Lumbung Energi & Metal (BORN) said that it expected to reach a deal on the sale of part of its stake in coal mining subsidiary PT Asmin Koalindo Tuhup...
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