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Tuesday, July 19, 2011

IMFA Buys 70% Stake In Indonesian Coal Mine

Date:19/7/11,
M&A,
Cross Boder Deal,

Indian Metals and Ferro Alloys Ltd (IMFA), a producers of ferro alloys, acquires 70% in Indonesian Coal Mine for $8.75 million. Indian Metals and Ferro Alloys Ltd via its subsidiary Indmet Mining Pte Ltd.

Indonesian Coal Mine located in the Central Kalimantan region of Indonesia. The remaining 30% stake in the project is held by Indonesian businessmen who also hold the crucial licenses or "IUPs" in local parlance.

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HI I'am Baigalla Madhan behalf of (Universalfacts) My Blog, provides complete information of online financials data services which includes ,,, Private Equity (Asset Managers) (Investments), Venture Capital (Asset Managers) (Investments), M&A, IPO, Funds (Private Equity and Venture Capital Funds), Deals (Private Equity deals, Venture Financing Deals (series A to G), Strategic and M&A Deals), Limited Partners, Advisors Firms, Public Equity, Financials Reports...

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