General Cable Corp., Highland Heights, Ky., has agreed to acquire the global wire and cable business of Freeport-McMoRan Copper & Gold Inc., which operates as Phelps Dodge International Corp (PDIC).
The acquisition comes just six months after Freeport-McMoRan bought Phelps Dodge Corp. The purchase price is approximately $735 million.
The wire and cable business operates factories and distribution centers in 19 countries throughout Latin America, Asia and Africa. It also ha
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