Bumi to Acquire 80% of Darma Henwa's Parent for $222 Million

PT Bumi Resources, Asia's biggestexporter of power-station coal, will buy an 80 percent stake in
the parent of mining contractor PT Darma Henwa for $222 million.
Bumi is purchasing a stake in Zurich Asset Investment Ltd., which owns 55 percent of Darma Henwa.
The acquisition will help Bumi increase output and mayreduce the cost of operating its mining units PT Kaltim Prima Coal and PT Arutmin Indonesia by boosting overall efficiency.