Deals
Rothschild Heir Joins Indonesian Billionaire to Mine Coal Boom
This article is for subscribers only.
Nathaniel Rothschild’s $3 billion deal to list Indonesia’s largest coal miner in London marries a centuries-old British banking dynasty and a family-owned commodity trader started in Sumatra in 1942.
Bakrie Group, a palm oil-to-property empire controlled by billionaire politician Aburizal Bakrie and his brothers, and Rothschild announced plans yesterday to create a miner that will almost double production to 140 million metric tons of coal by 2013, as much as South Africa last year.