Business & Finance
Indonesian Tycoon Haji Isam Lobs Low-Ball Bid for Miner Bayan
Key Points
PT Bayan Resources has received a bid from Indonesian tycoon Andi Syamsuddin Arsyad that values the coal miner at a fraction of its market value, according to people familiar with the matter.
PT Bayan Resources has received a bid from Indonesian tycoon Andi Syamsuddin Arsyad that values the coal miner at a fraction of its market value, according to people familiar with the matter.