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-0.000814000814000776 -0.000523286237571972 0.000348857491714648 -0.000232571661143167 0.00180243037385888 0.00180243037385888 0.00180243037385888 0.00180243037385888
Stock impact report

Barrick Gold’s takeover of Acacia Mining gets U.K. court approval [Toronto Globe and Mail (Ontario, Canada)]

Barrick Gold Corporation (BC) (GOLD) 
Last barrick gold corporation (bc) earnings: 2/12 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: randgoldresources.com
Barrick Gold’s takeover of Acacia Mining gets U.K. court approval Canadian miner Barrick Gold has won approval from a British court for its $1.6-billion takeover of Acacia Mining, the African gold miner said on Friday, removing the last hurdle to the conclusion of the deal. The approval comes after London-listed Acacia agreed in July to a sweetened offer from its parent Barrick, a deal that raised expectations that Acacia’s long-running tax dispute with the Tanzanian government would finally come to an end. Acacia has been battling regulatory problems in Tanzania, with the government slapping the company with a $25-billion tax bill – later reduced to $4 million in a 217 agreement. Barrick has taken the lead in the negotiations. Story continues below advertisement But the government has yet to lift a ban on the export of gold concentrates that has crippled Acacia’s revenue, and two Acacia employees and a former employee are still in jail in Tanzania. The original takeover bid from Barr Show less Read more
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