Coal miner Indika Energy (INDY) expects to raise Rp2.1 trillion from divesting 69.8% shares in Petrosea (PTRO). INDY divested all its shares in PTRO to its affiliates, PT Caraka Reksa Optima (CARA), as it would diversify its business into the non-coal sector. Said divestment was valued at US$146.58 million, as PTRO was valued at US$210 million.To subscribe please click here