Barrick Gold is buying Randgold for $6 billion in stock to create the world's largest gold miner (GOLD, ABX)
Business Insider -

Barrick Gold has agreed to buy Randgold Resources for $6 billion in stock.

Barrick Gold shareholders will own approximately two-thirds of the combined company while Randgold shareholders will own the rest.

The combined entity will have a market capitalization of $18.3 billion and will operate under the branding of the Barrick Group.

Watch Barrick Gold and Randgold Resources trade in real time.

Canada-based Barrick Gold has agreed to acquire Randgold Resources for $6 billion in an all-stock deal...

Loading...

Related Articles