Thursday, October 17, 2013

NEW CHINESE OUTBOUND INVESTMENT IN ASIA, IN THE NATURAL RESOURCES SECTOR

China Investment Corporation is acquiring the following companies in Indonesia: Bumi Resources Minerals Tbk, PT. Kaltim Prima Coal (operating in the ), Indocoal Resources Ltd., PT Indocoal Kaltim Resources and Bumi Resources Tbk. They operate in the following sectors: coal mining, coal and other wholesalers, metal and mineral (except petroleum) wholesalers and mining. This is a 1300 USD value deal.

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