Adaro Energy—controlled by Indonesian billionaire Garibaldi Thohir—plans to raise up to 4.59 trillion rupiah ($291 million) through the IPO of its coal mining unit as the company aims to ...

(Reuters) - Indonesia's Adaro Energy, the world's sixth-largest coal miner, will spin off its unit PT Adaro Andalan (AAI) in an initial public offer worth up to 4.594 trillion rupiah ($291.6 ...