Rothschild vehicle considering offer for Indonesia's ARMS
April 20 (Reuters) - NR Investments Ltd, controlled by British financier Nat Rothschild, said a subsidiary and Suek Plc were considering making a cash offer for coal miner Asia Resource Minerals Plc, which has most of its operations in Indonesia.
The announcement comes less than a week after ARMS received notice of a possible 210 million pound ($313 million) bid from Asia Coal Ventures (ACE), a vehicle funded by Indonesia's Sinarmas Group.
Nat Rothschild is the third-largest shareholder in ARMS, while NR Investments is the fourth-largest, according to Thomson Reuters data. (http://bit.ly/1DEcVeu) ($1 = 0.6709 pounds) (Reporting by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)