Acquiring Company
PT Bumi Resources Tbk
Acquired Company
Mount Margaret
Jakarta
AustraliaMiningDescription
PT Bumi Resources Tbk disclosed on October 26, 2026, that it acquired all issued shares of Australia-based Mount Margaret through its subsidiary Bumi Resources Australia Pty Ltd. The transaction gives Bumi Resources indirect ownership of Mount Margaret and is part of its diversification beyond coal. Management said the move aligns with its transformation plan and diversification strategy.
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Frequently asked
Who acquired Mount Margaret?
Mount Margaret was acquired by PT Bumi Resources Tbk, based in Jakarta. The deal was reported on October 26, 2026. PT Bumi Resources Tbk is a leading resource company in Indonesia. The company primarily focuses on mining and natural resources, engaging in coal and other mineral exploration and production. PT Bumi Resources Tbk is privately held.
When did PT Bumi Resources Tbk acquire Mount Margaret?
PT Bumi Resources Tbk's acquisition of Mount Margaret was reported on October 26, 2026. PT Bumi Resources Tbk disclosed on October 26, 2026, that it acquired all issued shares of Australia-based Mount Margaret through its subsidiary Bumi Resources Australia Pty Ltd. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Mount Margaret do?
Mount Margaret is an Australia-based mining business. It is held through Bumi Resources' Australian subsidiary following the disclosed transaction. It is privately held, operating in Mining, and is based in Australia.
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