Barrick sticking to its offer for Acacia, which it calls ‘out of touch’
26 June 2019 - 16:24
Bengaluru — Barrick Gold, on Wednesday, stuck to its offer to buy out Acacia Mining, saying assumptions made by the smaller firm about its mine plans were out of touch and changes were, indeed, needed.
Acacia said majority shareholder Barrick’s proposal undervalued its mine plans and appears to have ignored the value of its exploration and development assets...
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