#Divestment
Freeport, government still finalizing 12 percent share divestment deal
President Director of copper and gold miner PT Freeport Indonesia, Tony Wenas, has clarified that discussions on the government’s planned acquisition of an additional 12 percent stake in the mining company are still ongoing, despite earlier statements from the Investment Minister suggesting that the deal has been agreed upon.
Freeport agrees to divest 12 percent shares to Indonesia free of charge
Freeport-McMoRan has agreed to divest 12 percent of its shares in PT Freeport Indonesia to the Indonesian government at no cost, according to Rosan P. Roeslani, CEO of the state-owned investment management agency BPI Danantara.