Zijin Gold Terminates Allied Gold Takeover, Opts for Investment

Allied Gold Corp. announced that China’s Zijin Gold International Co. has terminated its agreement to acquire the company, opting instead to invest approximately $295 million in the Africa-focused gold miner.

29 Jul, 11:38 — 29 Jul, 11:38

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bloombergHigh4h ago

Allied Gold Says China’s Zijin Gold Terminates Takeover

Allied Gold Corp. said its agreement to be acquired by Zijin Gold International Co. was terminated, and that the Chinese company will instead invest about $295 million in the Africa-focused gold miner.

By Sybilla Gross, Manuel Baigorri and William Clowes

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Zijin Gold Terminates Allied Gold Takeover, Opts for Investment

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Allied Gold Says China’s Zijin Gold Terminates Takeover

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