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New Deal


Announced

Completed

B2Gold completed the acquisition of a stake in the Gramalote Project from AngloGold Ashanti, for $60m.

Financials

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Transaction Value£48m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned50%
Capital Bid For50%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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gold development

Colombia

Gold Mining

Acquisition

Minority

Private

Cross Border

Completed

Friendly

Single Bidder

Synopsis

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B2Gold, a low-cost international senior gold producer, completed the acquisition of a stake in the Gramalote Project, a gold development project, from AngloGold Ashanti, an independent and global gold mining company, for $60m. The Transaction is in line with B2Gold’s strategy of executing on accretive opportunities, increasing Mineral Reserves and Resources and continuing to advance development projects.

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