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Dalma Capital advises GMR Group on its 30% divestment in Indonesia s PT GEMS for $420 million plus deferred consideration

Dalma Capital Management Ltd: Dalma Capital advises GMR Group on its 30% divestment in Indonesia s PT GEMS for $420 million plus deferred consideration

GMR to divest 30% equity stake in Indonesian coal mine company

GMR Coal Resources (GCRPL), a step-down subsidiary of GMR Power and Urban Infra Limited, on Wednesday said it has entered into definitive agreements to divest 30% equity stake it holds in PT Golden Energy Mines Tbk (PT GEMS) to PT Radhika Jananta Raya for $420 million and also a deferred considerati

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