AngloGold Ashanti to acquire Centamin for $2.5bn.

AngloGold Ashanti, an independent and global gold mining company, agreed to acquire Centamin, a gold mining company, for $2.5bn. "We are delighted to be announcing today's Transaction, which will add a Tier 1 asset to our portfolio. The Transaction is free cash flow accretive in the first full year of production and NAV accretive from day one; it will also offer additional upsides as we leverage our corporate infrastructure and our core competencies in exploration, operations and asset optimisation. We will build on the good work by the Centamin team to realise the significant upside in Centamin. We look forward to welcoming Centamin's employees and shareholders to our group in the coming months," Alberto Calderon, AngloGold Ashanti CEO.