is being stalked as a potential takeover target. According to industry sources, Singapore-listed commodities trader and supplier Noble Group and Indonesian coal mining company PT Indika Energy Tbk are among those eyeing its assets that include two thermal coal mines in Indonesia’s Kalimantan province. Straits Asia Resources has issued a statement acknowledging “press reports concerning…
SINGAPORE: Coal company Straits Asia a takeover target
Posted on February 11, 2009 by EnergyAsia