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China’s Zijin wins over Canadian gold miner with US$1 billion cash offer

South China Morning Post 02.12.2019. 23:52

China’s Zijin wins over Canadian gold miner with US$1 billion cash offer

Cash is king and will be hard to top by a rival bidder, according to the head of Continental Gold, which agreed to a C$1.37 billion (US$1 billion) takeover offer from China’s largest listed producer of mined gold. Continental’s shares rose as much as 11 per cent in Toronto on Monday after the offer»»»
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