Barrick Gold has agreed to buy Randgold Resources and pay in shares


Canadian mining corporation Barrick Gold buys gold-mining company Randgold Resources, shares of which are quoted in the UK, writes with reference to Dow Jones. Payment will be made in shares. Shareholders of Barrick will own 67% of Randgold. Investors of Randgold will own a 33% stake in Barrick. As a result of the transaction, which should receive approval of the shareholders, the world's largest gold mining company will be established. Its price will be 18 billion dollars. Companies, based on the financial results of 2017, have calculated that the adjusted profit of the combined company will be 4 billion 700 million dollars, revenue - 9 billion 700 million dollars.

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