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Shanta Gold to acquire Acacia Exploration Kenya from Barrick Gold for $14m.

Financials

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Transaction Value£11m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

Friendly

gold mining

Single Bidder

Majority

Gold Mining

Private

Kenya

Acquisition

Synopsis

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Shanta Gold, a gold mining company, agreed to acquire Acacia Exploration Kenya, the Kenya-based gold mining and exploration business of Barrick Gold, for $14m.

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