CAPITAL MARKETS

AngloGold slide takes gloss off Normandy bid

ANGLOGOLD shares have taken a tumble since it announced an offer for Normandy Mining yesterday, reducing the value of the scrip-based bid.

MiningNews.Net
AngloGold slide takes gloss off Normandy bid

The South African miner yesterday offered to buy Australia's biggest gold producer for $3.2 billion worth of stock, valuing Normandy at $1.42 a share. However, a sharp decline in AngloGold's share price...

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