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Indonesia to sell down stake in coal miner

INDONESIAN state-owned coal miner Tambang Batubara Bukit Asam intends to sell 15% of its equity i...

Greg Tubby

The 346.5 million shares to be sold include 315 million of the government's shares, and 31.5 million new shares. Proceeds from the divestment will be used to help raise budget revenues, while funds from...

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