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Jakarta Post
The Jakarta Post
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Bakrie-led venture picks up more shares in Newmont

  • Alfian

    The Jakarta Post

Jakarta | Thu, March 18 2010 | 10:40 am

PREMIUM A business consortium owned by one of the many investment arms of the Bakrie family and the government of West Nusa Tenggara has acquired another 7 percent of the shares in copper and gold
producer PT Newmont Nusa Tenggara (NNT).The consortium, PT Multi Daerah Bersaing (MDB), paid on Monday US$229.4 million for the stake from Newmont Indonesia Limited, a subsidiary of the US mining giant Newmo...