Freeport-McMoRan Completes Sale of Interest in TF Holdings Limited for $2.65 Billion in Cash - "Freeport-McMoRan Inc. (FCX) announced today that it has completed the indirect sale of its 70 percent interest in TF Holdings Limited (“TFHL”) to China Molybdenum Co., Ltd. for $2.65 billion in cash. TFHL is a Bermuda holding company that indirectly owns an 80 percent interest in Tenke Fungurume Mining S.A. (Tenke) located in the Democratic Republic of Congo. FCX had a 70 percent interest in TFHL and an effective 56 percent interest in Tenke." More
- 11/16/16 | Item |


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