Home Page : Archive News : November 2011 News : Borneo Lumbung to Buy Bumi Stake for $1 Billion | |
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 |