M&A

St Barbara to buy Bardoc

ST Barbara has announced the A$157 million scrip acquisition of stalled gold developer Bardoc Gold.

 Bardoc's Zoroastrian pit

Bardoc's Zoroastrian pit

St Barbara is offering 0.3604 of a share for every Bardoc share held, valuing Bardoc at 53c per share. The implied price represents a "fair and reasonable premium" of 29.2% to Bardoc's closing price...

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