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Reuters breaks news on Bumi's plans to list $1.9 bln non-coal assets

Reuters breaks news on Bumi's plans to list $1.9 bln non-coal assets

Reuters broke the news on April 11 that Bumi Resources, Indonesia’s biggest coal producer, plans to spin off its non-coal assets, valued at $1.9 billion, in an IPO later this year, and that investment banks Credit Suisse and JP Morgan have been approached to advise on the deal.

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