Indonesia to announce Freeport acquisition structure on Thursday-source

JAKARTA (Reuters) – **The Indonesian government is expected on Thursday to announce the details of a deal to acquire a majority stake in the local unit of U.S.
copper miner Freeport McMoRan Inc (FCX.N), a source with knowledge of the matter said **Announcement expected to include the share price, amount and structure of the deal **Finance Minister Sri Mulyani Indrawati is scheduled to sign a heads of agreement with PT Freeport Indonesia at 4 p.
m. on Thursday, a ministry spokesman said **Representatives from Freeport and state-owned mining holding company PT Inalum, along with the ministers of state-owned enterprises, energy and mineral resources, and the environment are expected to attend the signing .

 

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