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Announced

Completed

PT Bayan Resources completed the acquisition of Kangaroo Resources for $164m.

Synopsis

PT Bayan Resources, an Indonesian coal miner, completed the acquisition of Kangaroo Resources, a coal-oriented firm, for $164m. “The aim of this share purchase is so that the company can have full control over its subsidiaries owned indirectly by Kangaroo Resources,” Low Tuck Kwong, Bayan CEO.

Principals

Kangaroo Resources

target

Kangaroo Resources

Pt Bayan Resources

bidder

Pt Bayan Resources

Show Details & Financials

Market Context

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Low Tuck Kwong

Low Tuck Kwong

ManagerCEO at PT BAYAN RESOURCES TBK
Deal Bio
Total Deals
1/
Total Value
£130M
Neville Gardiner

Neville Gardiner

Financial AdvisorPartner at Deloitte
Deal Bio
Total Deals
4/
Total Value
£1,328M
Alexander Wibowo

Alexander Wibowo

ManagerManaging Director at KANGAROO RESOURCES LIMITED
Deal Bio
Total Deals
1/
Total Value
£130M

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