Indonesia: Medco Energi to acquire Newmont in $2.6b deal

In one of the largest structured finance deals in southeast Asia this year, PT Medco Energi Internasional Tbk (MEDC) has agreed to acquire a controlling stake in PT Amman Mineral Internasional, which owns 82.2 per cent of copper and gold mine PT Newmont Nusa Tenggara, for a consideration of Rp 34 trillion ($2.6 billion).