Nat Rothschild said to be plotting Bumi counter-play
The Rothschild family get-together at Hannukkah could be interesting this year, with Bumi appointing the Rothschild Group as its financial adviser while former Bumi director Nathaniel Rothschild is said to be forming a consortium to back him in a buy-out attempt.
The Rothschild family get-together at Hannukkah could be interesting this year, with Bumi appointing the Rothschild Group as its financial adviser while former Bumi director Nathaniel Rothschild is said to be forming a consortium to back him in a buy-out attempt.
Business is business, however, and the appointment of the Rothschild Group, a finance house with a history dating back to the early nineteenth century, comes as no surprise after Bumi called in the group to evaluate proposed transactions by major Bumi stakeholder, the Bakrie Group, that are intended to bring to an end board room strife at the Indonesian mining group.
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