Rothschild To Support Bumi Bakrie Split

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Rothschild to Support Bumi-Bakrie Split - WSJ

    https://www.wsj.com/articles/nathanierothschild-to-support-bumibakrie-split-1386953286
    Nathaniel Rothschild, a major shareholder of Bumi PLC, said Friday he will support the London-listed coal mining company's proposed split from Indonesia's Bakrie Group in a vote next week, in one of the strongest signs yet that the separation will go forward. The move by Mr.

Nathaniel Rothschild to Vote in Favor of Bumi-Bakrie Split ...

    https://www.dowjones.com/scoops/nathaniel-rothschild-vote-favor-bumi-bakrie-split/
    Nathaniel Rothschild to Vote in Favor of Bumi-Bakrie Split Ben Otto broke the news that British financier Nathaniel Rothschild, a major shareholder in London-listed coal minder Bumi PLC signed a deal saying he would support the company’s proposed split from Indonesia’s Bakrie Group in a vote the following week, quelling speculation that he would stand in the way of the corporate divorce.

Shareholders in miner Bumi back split with Bakrie clan ...

    https://www.reuters.com/article/us-bumi-vote-idUSBRE9BG0RF20131217
    Dec 17, 2013 · The Bakrie family will sell its stake in Bumi Plc to outgoing chairman and one-time partner Samin Tan - who in turn becomes the single largest shareholder, with a 47.6 percent stake.

Rothschild ready to split Bumi and dump Bakries The ...

    https://www.thetimes.co.uk/article/rothschild-ready-to-split-bumi-and-dump-bakries-ffwt9nfskgj
    Rothschild, 41, has assembled a consortium to inject cash into Bumi. It would use the money to sever its ties with Indonesian businesses headed by the country’s powerful Bakrie family. Under the...

Shareholders Reject Rothschild Proposal, Split with Bakrie ...

    https://www.indonesia-investments.com/news/todays-headlines/shareholders-reject-rothschild-proposal-split-with-bakrie-group-can-go-ahead/item558
    Bumi Plc was set up by Rothschild and the Indonesian Bakrie Group in 2010 by connecting huge coal resources in Indonesia to European investors' appetite for undervalued coal assets. However, after Rothschild accused Bumi Resources (in which Bumi Plc holds a 29.2 percent stake) of financial irregularities, the relationship between both sides soon deteriorated until a split was the only way out.

Nat Rothschild and Aga Bakrie in Twitter spat as Bumi ...

    https://www.dailymail.co.uk/news/article-2589620/amp/Thanks-buying-worthless-pile-Twitter-spat-breaks-warring-billionaires-Nat-Rothschild-Aga-Bakrie-Bumi-divorce-ends-acrimony.html
    Mega-rich co-founders of coal mining firm Bumi split in multi-million deal Co-founding financier Nat Rothschild sparked fiery exchange on Twitter He called Aga Bakrie, member of co-founding Bakrie...

Rothschild to support Bumi separation plan Financial Times

    https://www.ft.com/content/183b8444-6413-11e3-98e2-00144feabdc0
    Dec 13, 2013 · Bumi said on Friday that Mr Rothschild would support the separation and would be allowed to nominate a director as long as his Bumi stake remains above 15 per cent. Mr Tan will support such a...

Nat Rothschild’s bust-up with wealthy Bakrie family turns into

    https://www.independent.co.uk/news/business/news/nat-rothschild-s-bust-up-with-wealthy-bakrie-family-turns-into-twitter-storm-9215645.html
    Mar 26, 2014 · Yesterday saw the wealthy Bakrie family agree a deal to cut ties with London-based investors and buy back their stake in the mining firm Bumi. Mr Rothschild, 42, who had helped to broker investments in the firm, then tweeted: “@agabakrie7 thanks for buying back a …

Bakrie plans unit sale in step towards Bumi split - Reuters

    https://www.reuters.com/article/us-bakrie-bumi-idUSBRE89E0LT20121015
    Oct 15, 2012 · PT Bakrie & Brothers is in talks to sell a pipe making unit for $100 million, sources said, a step by the powerful Bakrie family to engineer a split from financier Nat Rothschild and Bumi Plc, the ...Author: Janeman Latul



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