Friday, November 2, 2012

Rothschild forms group to counter Bakrie buyout

Financier Nat Rothschild is forming a rival consortium, including a contender for Indonesia's presidency, to launch a counter-offer to the $1.4 billion Bumi Plc buyout proposal from the Bakrie family, in a deal that would pour fuel on an already smoldering relationship.

http://www.reuters.com/article/2012/11/02/us-bumi-indonesia-berau-idUSBRE8A107620121102