Indonesia's Adaro Energy to raise $292 mln with listing of coal unit
22 hours ago · Indonesia's Adaro Energy , the world's sixth-largest coal miner, will spin off its unit PT Adaro Andalan (AAI) in an initial public offer worth up to 4.594 trillion rupiah ($291.6 million), the ...
Indonesian Billionaire Garibaldi Thohir’s Adaro Energy To ... - Forbes
20 hours ago · A pile of coaL. getty. Adaro Energy—controlled by Indonesian billionaire Garibaldi Thohir—plans to raise up to 4.59 trillion rupiah ($291 million) through the IPO of its coal mining unit as ...
Adaro Eyes $291 Million From Unit IPO to Spin Off Coal Arm
1 day ago · (Bloomberg) -- Coal miner PT Adaro Andalan Indonesia is planning an initial share sale that may raise as much as 4.59 trillion rupiah ($291 million), part of a move by its parent company to shift ...
Adaro Eyes $291 Million from Unit IPO to Spin Off Coal Business
1 day ago · Coal miner PT Adaro Andalan Indonesia may raise as much as 4.59 trillion rupiah ($291 million) from an initial share sale, part of a move by its parent company to shift away from fossil fuels.
Indonesian Billionaire Garibaldi Thohir's Adaro Energy To Raise …
2 hours ago · rupiah ($291 million) through the IPO of its coal mining unit as the company aims to expand into renewable energy and reduce exposure to fossil fuels. Coal miner PT Adaro Andalan Indonesia plans to sell as many as 778.7 million shares at between 4,590 rupiah and 5,900 rupiah each in its maiden share sale, according to the IPO prospectus filed by …
Indonesia's Adaro Energy to raise $292 million with listing of coal ...
22 hours ago · (Reuters) - Indonesia's Adaro Energy, the world's sixth-largest coal miner, will spin off its unit PT Adaro Andalan (AAI) in an initial public offer worth up to 4.594 trillion rupiah ($291.6 million), the company said on Tuesday.
Adaro Eyes $291 Million from Unit IPO to Spin Off Coal Business
1 day ago · Coal miner PT Adaro Andalan Indonesia may raise as much as 4.59 trillion rupiah ($291 million) from an initial share sale, part of a move by its parent company to shift away from fossil fuels. The company, owned by tycoon Garibaldi Thohir ’s PT Adaro Energy , will offer as many as 778.7 million shares at between 4,590 rupiah and 5,900 rupiah ...
Indonesia’s Adaro Plans $2.5 Billion Coal Sale in Green Turn
Sep 12, 2024 · PT Adaro Energy Indonesia plans to spin off a coal mining unit valued at $2.45 billion as part of its shift away from the fossil fuel.
Adaro Energy Shares Rise on $2.5 Billion Stake Sale Plan of Coal ...
Sep 12, 2024 · Adaro Energy shares jumped in Indonesia on the company's plans to sell nearly $2.5 billion of stakes in various coal assets as part of a strategic shift to develop a green business supply chain.
Spin-off or just spin? Adaro's bold plan to achieve net-zero
5 days ago · Adaro Energy Indonesia, the world’s sixth-largest coal mining company, plans to spin off its thermal coal business, Adaro Andalan Indonesia (AAI), through a public offering. Adaro aims to sell approximately seven billion shares in AAI, valued at about US$2.45 billion (Rp37.6 trillion), representing 31.8% of Adaro’s total equity.
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