Barrick Announces Jersey Court Approval of Merger with Randgold and Upcoming Ticker Symbol Change
BARRICK GOLD (ABX)
Last barrick gold earnings: 10/24 05:05 pm
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US:NYSE Investor Relations:
barrick.com/investors/default.aspx
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Source: GlobeNewswire
TORONTO, Dec. 17, 2018 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) (“Barrick”) today announced that the Royal Court of Jersey has sanctioned the scheme of arrangement by which the recommended share-for-share merger of Barrick and Randgold is being implemented. All conditions of the scheme have now been satisfied or waived, and the merger is expected to close on January 1, 2019, following the delivery of a copy of the court order to the Jersey Registrar. Mark Bristow, incoming President and CEO of Barrick, said the court’s approval was the last major landmark on the journey towards the creation of a new breed of gold company. “Barrick will be the world’s biggest gold miner, but our focus will be on making it the industry’s most valued company. By finding, developing, and operating the best assets, with the best people, we’ll deliver sustainable returns to our owners and partners,” he said. Barrick intends to change its ticker symbol on the New York Stock Exch
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