M&A
Freeport-McMoRan said on Wednesday it had completed the $2.65-billion sale of its stake in the Democratic Republic of Congo's Tenke mine, as chief executive Richard Adkerson said in an interview that he hopes negotiations will resolve the state miner's opposition to the deal.
Freeport, the world's largest publicly-listed copper producer, announced in May that it would sell its 56% stake in the mine to China Molybdenum and use the cash to cut its bloated debt.
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