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Announced

EBRD to invest €56m in Eldorado Gold.

Financials

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Transaction Value£48m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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mining company

Canada

Gold Mining

Acquisition

Cross Border

Minority

Public

Pending

Friendly

Single Bidder

Synopsis

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EBRD, a multilateral developmental investment bank, agreed to invest €56m in Eldorado Gold, a company that owns and operates gold mines. The strategic investment will support the development of the Skouries copper and gold mine in Greece, which is operated by Hellas Gold SA, Eldorado’s wholly owned subsidiary.

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