Adaro Indonesia not aware of bid by China coal firm

AP
Tuesday, November 27, 2007

JAKARTA -- PT Adaro Indonesia said Monday it is not aware of any plan by China Shenhua Energy Co. to

bid for a controlling stake in the Indonesian coal company. The South China Morning Post reported Monday that China's largest integrated coal producer by output is planning a US$4 billion (euro2.7 billion) bid for a stake in Indonesia's second largest coal producer, citing unnamed sources.

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Adaro Indonesia not aware of bid by China coal firm

APTuesday, November 27, 2007

AP
Tuesday, November 27, 2007