It was a billion dollar deal that was supposed to bring two famous business dynasties together – one from the East and the other the West.
Nat Rothschild, descendant of the founder of the two-centuries old banking empire, used his family name to get big players – “and big players only” – to back him in a deal to bring a chunk of the vast business interests of the Bakrie family of Indonesia to the City of London.
Listing the coal and other mining interest in London provided the members of Sumatran family – one of which has a good chance of becoming president of the world’s fourth most populous nation – a high profile in the West and at the same time gave Nat, 41, the chance to finally transform his popular image from that of a partying rich kid into a financier with true investment chops.
It was not to be.