MIND ID Acquires 14% Stake in Vale Indonesia; Spends US$300mn
Two of Vale Indonesia's shareholders agree to divest 14 percent of their shares proportionally to MIND ID
Source: en.tempo.co
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Erick Thohir Hopes Vale Divestment Price Negotiations Completed in 2 Months
Erick Thohir says the head of agreement (HoA) for the divestment had been signed in America.
Source: en.tempo.co
Vale Gives Up Additional 14% Stake to Indonesian Gov't
With this decision, MIND ID will become the majority shareholder with a 34 percent stake in Vale Indonesia.
Source: jakartaglobe.id
Erick Thohir Affirms Vale Divestment Conforms to Policy
SOE Minister Erick Thohir affirms that the divestment of shares by PT Vale Indonesia to MIND ID is in accordance with the existing policy.
Source: en.tempo.co
Erick Thohir Affirms Vale's Mandatory Divestment
Indonesian SOE Minister Erick Thohir asserted why nickel mining giant PT Vale Indonesia must relinquish larger shares to Mind ID.
Source: en.tempo.co