M&A

Eldorado lodges $3.5B bid for Andean

ANDEAN Resources may be forced to answer some tricky questions from corporate regulators over the next week, after Eldorado Gold went public with a $C3.4 billion ($A3.54 billion) takeover offer overnight.

Nick Evans
Eldorado lodges $3.5B bid for Andean

Eldorado said in a statement it has approached the Andean board with a friendly takeover offer of 0.31 Eldorado share for each Andean share on issue – valuing the dual-listed company at around $C3.4 billion...

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