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Freeport-McMoRan Copper & Gold Inc. has been meeting with Plains Exploration & Production Co. shareholders to salvage support for its proposed acquisition, people with knowledge of the matter said.
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Freeport-McMoRan Copper & Gold Inc.’s $6 billion acquisition of Plains Exploration & Production Co. can proceed after a judge refused to block a shareholder vote on the buyout.
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Arrowgrass Capital Partners LLP is opposing Freeport-McMoRan Copper & Gold Inc.’s takeover of Plains Exploration & Production Co. after amassing a stake in the energy company.
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Arrowgrass Capital Partners LLP is opposing Freeport-McMoRan Copper & Gold Inc.’s takeover of Plains Exploration & Production Co. after amassing a stake in the energy company, according to a person with direct knowledge of the matter.
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Plains Exploration & Production Co. shareholders are anticipating positive results from an oil well discovery, stoking bets that Freeport-McMoRan Copper & Gold Inc. will be forced to boost its takeover bid.
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Freeport-McMoRan Copper & Gold Inc. agreed with its workers to resume production at Grasberg in Indonesia’s Papua province on March 12, more than two weeks after violence among employees at the mine halted operations.
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Freeport-McMoRan Copper & Gold Inc.’s Peruvian copper miners may strike again next week after ending a four-day work stoppage over the weekend, a union official said.
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Equinox Minerals Ltd.’s counter offer for Lundin Mining Corp. is so low that it’s leaving an opening for Freeport-McMoran Copper & Gold Inc. to enter the bidding war.
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Freeport-McMoRan Copper & Gold Inc.’s striking Peruvian workers may have to return to work by mid-November after the Andean country’s government set a deadline for a solution, a union official said.
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Freeport-McMoRan Copper & Gold Inc.’s Peruvian workers voted to end a 61-day strike after the Andean country’s government pledged to settle a wage dispute, a union official said.