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Borneo Lumbung to Buy Bumi Stake for $1 Billion

November 01, 2011

Indonesian coal miner Borneo Lumbung Energi, which is backed by investor Samin Tan, said on Tuesday it has agreed to buy a 23.8 percent stake in London-listed Bumi from the Bakrie Group in a $1 billion deal.

Source: http://www.cnbc.com/id/45112588?__source=RSS*tag*&par=RSS
 
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