China strikes gold in rare M&A deal

Shandong Gold’s acquisition of a 50% stake in Barrick marks one of the largest gold purchases by a Chinese buyer – an interesting change from copper and coal deals.

In purchasing half of Barrick Gold’s Veladero mine for $960 million, Shandong Gold took advantage of a rare chance to buy a world-class sizeable mine.

¬ Haymarket Media Limited. All rights reserved.

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