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View all search resultsFreeport-shares
Business 8 years ago
Freeport agrees to 51% divestment, other terms: CEO
Gold and copper miner PT Freeport Indonesia (PTFI) has finally agreed to divest 51 percent of its shares and to other terms related to its contractual extension, after a long tug-of-war negotiation with the Indonesian government.
Business 8 years ago
Freeport to issue new shares to meet divestment requirement
Gold and copper miner PT Freeport Indonesia is set to issue new shares that will be bought by the Indonesian government through a state-owned enterprise in an effort to divest 51 percent of its shares to local entities.
