BARRICK IN $6BN RANDGOLD TAKEOVER.

Position::Business Intelligence: Deals
 
FREE EXCERPT

Canada's Barrick has agreed to purchase rival Randgold for $6bn, creating the world's biggest gold miner, with an $18bn market capitalisation. The move comes after nearly a decade of slow investor activity due to low global gold prices and cost-cutting across the industry. Barrick's gold production fell to 5.3m ounces in 2017, from more than 8m ounces a decade earlier. Meanwhile...

To continue reading

REQUEST YOUR TRIAL