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Tracy Lee; Vesna Poljak;

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Bumi extends deadline

Indonesia's largest coal miner, Bumi Resources, has extended its deadline to finalise debt funding to partially finance its $444.8 million takeover bid for zinc hopeful Herald Resources. This is the second extension by the group and the new deadline is May 16. It hopes to secure a debt facility of up to $US105 million ($112 million). Tracy Lee

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    Original URL: https://www.afr.com/companies/briefs-20080422-jcsz3