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Keyword: randgold

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  • Canada's Barrick Gold to buy Randgold Resources in $18.3 billion deal

    09/24/2018 7:27:05 AM PDT · by BenLurkin · 3 replies
    cnbc ^ | 07/24/2018
    Under the terms of the deal, each Randgold shareholder will receive 6.1280 new Barrick shares for each share of the African rival, the companies said. Barrick shareholders will own about 66.6 percent of the new Barrick merged company while Randgold shareholders will own about 33.4 percent. Randgold's long-term chief executive Mark Bristow will retain that same role in the new merged company while Barrick's John Thornton will become the executive chairman. "The Boards of Barrick and Randgold believe that the Merger will create an industry-leading gold company with the greatest concentration of Tier One Gold Assets in the industry, the...
  • Barrick Gold and Randgold Resources in Advance Merger Talks: Reports

    09/23/2018 10:36:19 PM PDT · by BenLurkin · 1 replies
    The Street ^ | Sep 23, 2018 10:14 PM EDT | Ann Stanley
    Canada's Barrick Gold Corp. is reportedly near an agreement to buy London-listed Randgold Resources Ltd. in a deal that could be worth as much as $18 billion, according to media reports. The agreement could be announced as soon as Monday, according to a report from Reuters citing a person familiar with the talks.