CORPORATE ACTIVITY
Canada's Barrick Gold has agreed to buy Randgold Resources in a $18.3-billion share deal to create the world's largest gold company in an industry under investor pressure to put capital to good use.
The new Barrick company, which will be listed in New York and Toronto, will own five of the world's 10 lowest cost gold mines and will be valued at $24-billion including debt.
Please enter the email address that you used to subscribe to Research Channel. Your password will be sent to this address.
Don't have any login details?
Free Trial Access