CAPITAL MARKETS

St Barbara eyes Catalpa marriage

THE recent spate of mergers in the Australian gold sector continues, with St Barbara seeking to tie the knot with Catalpa Resources in a cash and scrip deal that would create a $A865 million mid-tier gold vehicle.

MiningNews.Net
St Barbara eyes Catalpa marriage

St Barbara announced today it approached the board of Catalpa on May 10 with a scheme of arrangement proposal. The half scrip and half cash transaction implies an offer value of $A1.92 for each Catalpa...

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