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Barrick Gold Reaches Deal to Buy Acacia Mining

Anuradha Garg
Barrick Gold Reaches Deal to Buy Acacia Mining

After a long standoff, Barrick Gold (GOLD) and Acacia Mining (ABGLF) have reached an agreement whereby Barrick will buy out the minority shareholders in Acacia Mining. Barrick already owns 63.9% of the existing ordinary share capital of Acacia. Barrick Gold buys Acacia Mining The acquisition will be implemented by a court-sanctioned scheme.