June 8, 2015 / 6:17 AM / 2 years ago

BRIEF-Asia Coal Energy raises takeover offer for ARMS

June 8 (Reuters) - Asia Coal Energy Ventures :

* Offer price increased from 41 pence per ARMS share to 56 pence per share

* ACE and Sinar Mas Multiartha have received an irrevocable undertaking from Mr Rothschild and NR Holdings

* Hannam & Partners, financial adviser to ACE, has confirmed that it is satisfied that sufficient financial resources are available to ACE Source text for Eikon: Further company coverage:

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