UPDATE 1-Noble, Indika eye stake in Straits Asia Resources
HONG KONG/PERTH, Jan 30 (Reuters) - Commodities firm Noble Group and Indonesian coal miner PT Indika Energy Tbk are among the companies pursuing a bid for Straits Asia Resources , according to sources familiar with the matter, in a deal that could be worth more than $800 million.
Bidders are setting their sights on the two Indonesian coal mines that the Singapore-listed company controls. Its stock rose 10 percent to S$0.91 on Friday after Reuters first reported the interest of Noble and Indika.
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Jumat, 30 Januari 2009
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