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Rabu, 08 Juni 2011

Rumors Glencore takeover Banpu's Indonesia - Bloomberg

PLG - druidsz2 druids: Banpu Plc, shareholder of 65% Indonesian coal producer Indo Tambangraya Megah, rose intra day in Bangkok today approaching +2% high (http://www.bloomberg.com/apps/quote?ticker=BANPU:TB). (see intra day chart Banpu)
PLG - druidsz2 druids: Thailand's composite index (SET) slipped to -0,418% intra day (http://www.bloomberg.com/apps/quote?ticker=SET:IND).
PLG - druidsz2 druids: Early in the day, unverified news is circulated among sophisticated traders related to Thai equity desk that source closed to Banpu Plc. had advised on late Monday that Glencore, the biggest world coal trader, has approached Banpu for possible takeover or significant stake in Banpu's Indonesia subs Indo Tambangraya Megah

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