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02/07/2008 - 15:16

Bumi ups Herald offer, breaks stalemate

02/07/2008 - 15:16

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PT Bumi Resources Tbk has increased its takeover offer for Herald Resources by 5 cents, putting an end to the stalemate with rival bidder Antam-Zhongjin as the latter demands a break fee of $5 million.

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