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DRD sells off controlling stake in Emperor

DRD Gold has completed the divestment of its 78.7% stake in Emperor Mines, satisfying one of the key conditions for Emperor's merger with Intrepid Mines.

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DRD sells off controlling stake in Emperor

The institutional book-build for the sale of more than 823 million shares - organised by ABN Amro Morgans and Tricom Equities - was oversubscribed within 24 hours. Emperor said the offer achieved a...

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