Freeport-McMoRan cans IPO plans

US mining giant Freeport-McMoRan has formally cancelled its plans to issue an initial public offering of its oil and gas unit, which has struggled mightily since oil prices started falling.

No IPO: Freeport-McMoRan pulls public offering
No IPO: Freeport-McMoRan pulls public offering
Published 23 May 2016, 19:30Updated 25 October 2016, 15:35
Americas