Final Round of Vale Divestment (INCO) to MIND ID

The government ensures PT Vale Indonesia Tbk. (INCO)’s divestment to MIND ID is at homestretch. With confirmed divestment of 14 percent, will MIND ID succeed in becoming the controlling shareholder?

Bisnis, JAKARTA – The final round of negotiations for divestment of PT Vale Indonesia Tbk. (INCO), a nickel producer in Indonesia, has started. MIND ID’s desire to become the majority shareholder of Vale has yet to see its silver lining.

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