Barrick Announces Agreement to Acquire Equinox
C$8.15 per share cash offer recommended by Equinox Board All amounts expressed in US$ unless otherwise indicated Highlights Equinox realizes compelling value Equinox signs support agreement with Barrick for C$8.15 per share all-cash recommended offer 30% premium based on Equinox’s closing share price on the Toronto Stock Exchange on February 25, 2011 (the last trading day before …
Barrick announces agreement to acquire Equinox - …
Aaron Regent, President and CEO of Barrick said: “The acquisition of Equinox would add a high-quality, long-life asset to our portfolio and is consistent with our strategy of increasing gold and ...
Barrick Completes Compulsory Acquisition of …
July 19, 2011 — Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) ("Barrick" or "the Company") and its wholly-owned subsidiary, Barrick Canada Inc. (the "Offeror"), announced today that it has acquired the remaining 32,016,675 common shares (the "Equinox Shares") of Equinox Minerals Limited (TSX:EQN)(ASX:EQN) ("Equinox") not already owned by Barrick or its affiliates, representing …
Barrick Reviews Zambian Clearance for Equinox …
TORONTO, May 27, 2011 — Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) ("Barrick" or "the Company") announced today that the Zambian Competition and Consumer Protection Commission (the "CCPC") has disclosed that it has issued a conditional authorization for Barricks proposed acquisition of all of the issued and outstanding common shares (the "Equinox Shares") of Equinox Minerals …
Barrick Gold to Buy Equinox Minerals for $7.8 …
25-4-2011 · “The acquisition of Equinox would add a high-quality, long-life asset to our portfolio, and is consistent with our strategy of increasing gold and copper reserves through exploration and acquisitions,” Aaron Regent, chief executive of Barrick, said in a statement, adding in a conference call that it was a way to “deploy a portion of our cash balances, which are earning very little.”
Barrick Golds Equinox Acquisition Is Officially A …
We have seen a lot of bad acquisitions in the mining sector, but Barrick Golds (ABX) $7.6 billion purchase of Equinox Minerals in 2011 has to rank up there as one of the worst.
Barrick Receives Investment Canada Clearance for …
TORONTO, May 17, 2011 — Barrick Gold Corporation (NYSE: ABX)(TSX: ABX) ("Barrick" or "the Company") announced today that it has received confirmation that the Investment Canada Act does not apply to Barricks proposed acquisition of all of the issued and outstanding common shares (the "Equinox Shares") of Equinox Minerals Limited (TSX: EQN)(ASX: EQN) ("Equinox").
Barrick Receives Zambian Clearance for Equinox …
TORONTO, May 31, 2011 — Barrick Gold Corporation (NYSE: ABX)(TSX: ABX) ("Barrick" or "the Company") announced today that it has received the unconditional approval of the Zambian Competition and Consumer Protection Commission for Barricks proposed acquisition of all of the issued and outstanding common shares (the "Equinox Shares") of Equinox Minerals Limited (TSX: EQN)(ASX: EQN) ("Equinox").
Barrick announces agreement to acquire Equinox
BARRICK GOLD 1 PRESS RELEASE . PRESS RELEASE – April 25, 2011 All amounts expressed in US$ unless otherwise indicated . Barrick announces agreement to acquire Equinox . C$8.15 per share cash offer recommended by Equinox Board . Equinox realizes compelling value Highlights
Barrick to Buy Equinox for C$7.32 Billion, Topping ...
26-4-2011 · Barrick Gold Corp., the world’s biggest gold company, agreed to buy copper producer Equinox Minerals Ltd. for C$7.32 billion ($7.66 billion) in cash, topping a hostile offer from China’s ...
Barrick to acquire Equinox. - Free Online Library
Barrick Gold said that it has entered into a support agreement with Equinox Minerals for Barrick to acquire, through an all-cash offer, all of the issued and outstanding common shares of Equinox (including the shares represented by Equinoxs CHESS Depositary Interests) by …
Barrick Announces Agreement to Acquire Equinox …
Equinox signs support agreement with Barrick for C$8.15 per share all-cash recommended offer ; 30% premium based on Equinoxs closing share price on the Toronto Stock Exchange on …
Barrick Completes Compulsory Acquisition of Equinox Shares
Barrick Completes Compulsory Acquisition of Equinox Shares Barrick Gold Corporation (NYSE: ABX) (TSX: ABX) (“Barrick” or “the Company”) and its wholly-owned subsidiary, Barrick Canada Inc. (the “Offeror”), announced today that it has acquired the remaining
Barrick Gold writedown: Equinox acquisition comes …
Barricks overpriced Equinox acquisition comes back to bite in US$4.2B writedown Like many of its mining peers, Barrick Gold Corp. has received its comeuppance for a badly overpriced acquisition
Barrick Acquires Equinox | Top 10 | Mining Global
2011 was a big year for acquisitions and mergers in the mining industry, especially for Barrick Gold. The gold producer acquired Equinox Minerals Limited through an all-cash offer of $7.8 billion, giving the miner control of the Lumwana mine in Zambia and Saudi Arabia’s biggest copper deposit.
Equinox Minerals - Wikipedia
Equinox Minerals is a mining and exploration company with corporate offices in Perth, Australia and Toronto, Ontario, Canada.It has operations in Peru and Australia. In Zambia it owned the Lumwana Mining Company, but that was bought by Barrick Gold in 2011. Through Liontown Resources Limited and Alturas Minerals Corp., the company has gold and copper-gold exploration interests in Peru and ...
Barrick Gold focuses on discipline after merger …
Barrick’s 2011 acquisition of Equinox Minerals Ltd., which coincided with a global plunge in commodity prices, proved to be a financial disaster
Barrick challenges Minmetals with rich Equinox bid …
Barrick already owns the Zaldivar copper mine in northern Chile, the No. 1 copper-producing country, so the acquisition of Equinox would provide it with access to two of the most prolific copper ...
Barrick reviews Zambian clearance for Equinox acquisition
Barrick reviews Zambian clearance for Equinox acquisition . Barrick Gold Corporation (NYSE: ABX) (TSX: ABX) (“Barrick” or “the Company”) announced today that the Zambian Competition and Consumer Protection Commission (the “CCPC”) has disclosed that it has issued a conditional authorization for Barrick’s proposed acquisition of all ...
Barrick Seen Trumped as Equinox Belies Top …
26-4-2011 · Barrick is valuing Equinox’s equity at 28 times net income, also the highest for an acquisition in the industry and topping the 24 times multiple that’s underpinning Minmetals’s proposal.