Barrick Gold and Randgold Resources agree to merge

Barrick Gold Corporation and Randgold Resources Limited agreed to a share-for-share merger, creating a new gold company. Barrick shareholders will own 66.6% and Randgold shareholders 33.4% of the combined entity.

“The combination of Barrick and Randgold will create a new champion for value creation in the gold mining industry.”barrick.com

• 1 source
• barrick.comBarrick Mining Corporation - Barrick and Randgold Combine to Create Industry-Leading Gold Investment VehicleSep 24, 2018

Summarized from public sources; check the original articles before acting on it.