New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For FCX From The Last 14 Days
Check below for free stories on FCX the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
September 11, 2014
08:39 EDTFCXFreeport McMoRan to purchase non-core assets from Quaterra for $5M
Subscribe for More Information
September 3, 2014
14:41 EDTFCXFreeport McMoRan sells Kinetics Climax division for $55M
Dynacast International announced that Dynacast, a wholly-owned subsidiary of the company, entered into a definitive agreement to acquire 100% of the outstanding equity of Kinetics Climax. Kinetics is a wholly-owned subsidiary of Climax Engineered Materials, a Freeport-McMoRan Inc. company. Pursuant to the Stock Purchase Agreement, or SPA, executed on August 27, the purchase price payable to Climax upon closing of the acquisition is $55M less debt and transaction expenses and will be subject to a post-closing working capital adjustment. The SPA also provides for a cash earn-out payment, not to exceed $15M, based on the financial performance of Kinetics through December 31, 2015. The transaction, which is subject to customary closing conditions, is expected to close on or about September 30.

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use