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Bumi takes majority stake in Herald

INDONESIAN coal miner PT Bumi has gained majority control of Herald Resources, upping its stake i...

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Bumi takes majority stake in Herald

In a substantial shareholder notice, Bumi has increased its interest in Herald from 19.94%, or 39.4 million shares, to 51.34%, or 103.7 million shares. As a result of obtaining a majority stake in Herald,...

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