Field downgrade, political strife and falling prices plague Hayward’s Iraq venture

UK Takeover Panel criticises Swiss bank and two law firms over controversial miner’s creation

Ex-BP chief, who steps up to chairman of Kurdistan oil producer, signals his readiness to do a deal

Coal miner approves condition of £135m offer from Asia Coal Energy Ventures

Special-purpose acquisition companies have disappointed but stellar long-term returns are possible

UK regulator criticises coal producer formerly known as Bumi

Apple streams it up; Deutsche Bank, HSBC and Nat Rothschild also in the news

Week in Review

Financier to sell out of mining company after torrid five years

Disposal ends financier’s controversial five-year foray into Indonesian coal

Coal miner slides away from Nat Rothschild’s proposal to recapitalise the company

Coal miner’s shares suspended after failure to regain control

British financier and Russian partners pull back after agreeing to underwrite $100m recapitalisation

Consortium behind move includes Indonesia’s wealthy Widjaja family and a Hong Kong hedge fund

Rothschild considering making sweetened offer if shareholders approve package

Shareholders in Indonesia-focused coalminer must first consider refinancing backed by Nat Rothschild

Sinarmas group linked to refinancing offer for former Bumi plc

Financier proposes to make $100m equity injection into the Indonesian coal mining venture

Former chairman fails to win shareholder support, paving the way for debt restructuring