Copper titan to buy oil interests

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Copper titan to buy oil interests

Freeport deal set at $9 billion

By BRIAN SWINT AND LIEZEL HILL BLOOMBERG NEWS

Posted: December 6, 2012 at 3:53 a.m.

Freeport-McMoRan Copper & Gold Inc., the world’s largest publicly traded copper producer, agreed to buy Plains Exploration & Production Co. and McMoRan Exploration Co. for about $9 billion as the company returns to its roots in energy.

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Business, Pages 25 on 12/06/2012

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