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Randgold-Barrick: a problem shared

Randgold-Barrick: a problem shared

Randgold Resources (RRS) is to merge with Barrick Gold (Ca:ABX) of Canada, in an $18.3bn (£13.9bn) deal that will create the world’s largest gold company. Under the terms of the merger, Randgold investors will receive 6.128 New Barrick shares for every Randgold share they own. Those shares will be traded in New York and Toronto, while Randgold’s London listing will be cancelled.

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