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Reliance Power to divest Indonesian coal subsidiaries for $12 million
M & A Critique
|October 2025
Reliance Power said it has signed an agreement to sell its entire stake in five Indonesian coal entities for a total consideration of $12 million.
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In a regulatory filing, the company said that its subsidiaries: Reliance Power Netherlands B.V. and Reliance Natural Resources (Singapore) Pte. Ltd, have entered into a share purchase agreement with Biotruster (Singapore) Pte. Ltd. for the sale of 100% equity in PT Avaneesh Coal Resources, PT Heramba Coal Resources, PT Sumukha Coal Services, PT Brayan Binta
Dit verhaal komt uit de October 2025-editie van M & A Critique.
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