Bumi says satisfied with chairman's financing for split deal

Newswire

LONDON, Nov 29 (Reuters) - Coal miner Bumi said on Friday it had received documents confirming chairman Samin Tan's ability to finance the purchase of company shares currently owned by the co-founding Bakrie family, paving the way for a long-awaited split. Earlier this month, Bumi was forced to delay a vote on the separation from Indonesia's influential Bakrie clan after Tan failed to prove he had finances in place to buy their shares in the London-listed firm. The vote will ...

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