Billionaire Thohir’s Adaro Aims To Raise $2.5B From Coal Unit Spinoff

Adaro Energy Indonesia, a company backed by Indonesian billionaire Garibaldi "Boy" Thohir, plans to spin off thermal coal unit Adaro Andalan Indonesia.

Sep 13, 2024 - 12:00
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Billionaire Thohir’s Adaro Aims To Raise $2.5B From Coal Unit Spinoff
Adaro Energy Indonesia, a company backed by Indonesian billionaire Garibaldi "Boy" Thohir, plans to spin off thermal coal unit Adaro Andalan Indonesia.

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