Posts Tagged 'm&a'

Eldorado Gold (NYSE: EGO) announced it will acquire European Goldfields (PINK: EGFDF.PK) for roughly $2.5 billion Canadian. The deal enhances Eldorado’s project pipeline and creates a “premier high growth, low cost intermediate gold producer” with a market cap of $11 billion Canadian.

Potash Corp. (NYSE: POT)which is from Canada has asked for approval from the Israeli government to raise its stake in rival Israel Chemicals (PINK: ISCHY.PK) to 25% from 13.9%, reports say. Buying the extra 11.1% could ...