(Bloomberg) -- Coal miner PT Adaro Andalan Indonesia is planning an initial share sale that may raise as much as 4.59 trillion rupiah ($291 million), part of a move by its parent company to shift ...

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 ...

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 million), the ...

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