TPG’s Indonesia Affiliate, Bakrie Form Venture to Control Bumi (Bloomberg)

Posted on November 29, 2008
Filed Under Creditor |

Nov. 29 (Bloomberg) — TPG’s Indonesian affiliate and PT Bakrie & Brothers will form a venture to control PT Bumi Resources in a deal that will help Bakrie pay debt raised pledging shares of Asia’s biggest exporter of power-station coal.

Source:TPG’s Indonesia Affiliate, Bakrie Form Venture to Control Bumi (Bloomberg)

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