Goldcorp Inc., the second-biggest Canadian gold producer, agreed to buy Andean Resources Ltd. for $3.5 billion, exceeding a rival offer to gain control of an Argentinean mine. The cash bid values the Perth-based miner at C$6.50 a share, or 2.2% more than an offer from Eldorado Gold Corp. based on yesterday’s close in Toronto trading. – Bloomberg
Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!
Leave a Reply