Tata Power to sell PT Arutmin stake for $247 million

Short resume:

stake
90%
arutmin
90%
consideration
80%
economic
70%
Tata Power to sell PT Arutmin stake for $247 million

NEW DELHI: Tata Power will sell its 30 per cent stake in Indonesia-based coal company PT Arutmin for a sharply lower consideration of USD 246.64 million after entering into revised pacts that take into account certain prior liabilities.
Source Economic Times
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