Rothschild counter-offer on table at Bumi

The soap opera continues at Indonesian mining group Bumi, with former company director and joint founder of the group, Nat Rothschild, delivering a counter-offer to the one Bumi is currently considering from major shareholders, the Bakrie Group.

The soap opera continues at Indonesian mining group Bumi, with former company director and joint founder of the group, Nat Rothschild, delivering a counter-offer to the one Bumi is currently considering from major shareholders, the Bakrie Group.

Bumi confirmed that it has received a proposal from NR Investments, an investment company controlled by Nathanial Rothschild, that would offer the group an alternative to the proposals submitted on October 11th by PT Bakrie and Brothers Tbk and Long Haul Holdings Limited, collectively known as the Bakrie Group.

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