Tan 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 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 in Twitter spat
London - Financier Nathaniel Rothschild and a member of Indonesia’s Bakrie family were involved in an angry exchange on Twitter after they completed a long-delayed $501 million deal to unwind a...
View ArticleARMS split from Bakries culminates in Twitter spat with Rothschild
LONDON (Reuters) - Coal miner Asia Resource Minerals (ARMS) (ARMS.L) on Tuesday announced its long-awaited split with the Indonesian family that helped found it, sparking bitter posts on Twitter...
View ArticleBakries Say They Have All Funds Needed for London Exit
By Jesse Riseborough on 6:22 pm February 27, 2014. Category Business, Corporate News, Featured Tags: Aburizal Bakrie, Bakrie Group, Bumi Plc., Bumi Resources, Nat Rothschild Bakrie Group head Aburizal...
View ArticleIndonesia's Borneo says Bakries agree compensation for Bumi
JAKARTA (Reuters) - Indonesia's Bakrie family has agreed in principle to pay financial compensation via its investment vehicle Long Haul Holding Ltd to coal miner PT Borneo Lumbung Energi for a $1...
View ArticleBorneo Lumbung in Efforts to Restructure $500m Loan
By Efi Nurfiyasari on 10:57 am October 18, 2013. Category Business, Corporate News Tags: Borneo Lumbung Energy & Metal, Indonesia mining Coal producer Borneo Lumbung Energy & Metal is proposing...
View ArticleBUMI share price up after Bakrie separation announced
Paper Edition | Page: 17 Shares in PT Bumi Resources, stock symbol BUMI, closed high on Thursday after its majority shareholder, London listed Bumi PLC, announced that the energy and mining company...
View ArticleBumi Sees December Vote on $501 Million Bakrie Separation
By Jesse Riseborough on 7:13 pm November 29, 2013. Category Business, Corporate News, Featured Tags: Aburizal Bakrie, Bumi Plc., Nat Rothschild A worker walks past a wall of coal at a mine in the Berau...
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...
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...
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