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Thursday, 23 October 2014

Nat Rothschild's Bumi plan still faces obstacles

Bye Bye Bakries

The financier said that top Bumi Plc shareholders back his plan for unwinding the disastrous mining tie-up with Indonesia’s Bakrie family. Investors cheered but the mechanics are murky and a clean break looks tricky. Even if it works, Rothschild’s reputation won’t recover fast.



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