Freeport Americas Stake Said to Draw Citic Among Bidders

Updated on
  • Company could sell 20% stake to fetch about $2 billion
  • Freeport has said selling core assets is a “balancing act”

China’s Citic Metal Co. is among parties that are holding talks with Freeport-McMoran Inc. to buy a minority stake in the miner’s North and South American operations, according to people familiar with the matter.

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