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Obstacles in the KPC Divestment

Tuesday, April 2, 2002

There is strong competition between several different players in efforts to win in the divestment of a 51 percent share in KPC.

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JUST how long will the divestment process of Kaltim Prima Coal (KPC) in fact continue? If one starts counting from November 1995—when KPC's management asked for the divestment to be postponed for a six-month period—this means that the process has now been going on for seven years. Perhaps this is a record in terms of the time it takes for a divestment process to be completed. The stumbling block is such that there are several people

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