Bumi separation plan should complete by November

Bumi 003 (2)
Coal mining group Bumi, which plans to split with the Indonesian Bakrie family that co-founded the company, said on Monday that the protracted separation deal should complete by November. Bumi, created to bring together Indonesian mining assets in a London-listed company, has struggled with feuding shareholders since its creation in 2010 and in February agreed the terms of a split with the Bakrie family.

See http://www.mineweb.com/mineweb/content/en/mineweb-fast-news?oid=205002&sn=Detail.

Comments are closed.

Powered by WordPress. Designed by Woo Themes