Bakrie Group

Bumi Chairman says lender gives funding for Bakrie stake acquisition

Bumi Chairman Samin Tan confirmed to Bloomberg by email that a lender had given him approval to finance his acquisition of the stake held by the Bakrie Group in the Indonesia-based coal producer.

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Bumi to Buyout Bakrie Family from Company

Bumi reported they are close to a US$508 million Bakrie exit deal.

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