May 12, 2012

Darma Henwa, Prove Energy & Corfield takeovers

Coal mining contractor PT Darma Henwa Tbk (DEWA), an affiliated of coal miner PT Bumi Resources Tbk (BUMI), were in frenzy acquisitions last year. However, the actions have raised questions, Prove Energy and Corfield Investments. Was it necessary takeover for DEWA? Who is Thionville Financier? Please login or register to read the remaining story.

Disclosure: No position at the stock mentioned above.

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