AngloGold Buys 50% Of Moto Goldmines As Part Of Randgold Deal
16 Octobre 2009 - 8:54AM
Dow Jones News
AngloGold Ashanti Ltd. (AU), Africa's largest gold producer,
Friday said it and Randgold Resources Ltd. (GOLD) now jointly
control Moto Goldmines Ltd. (MGL.T).
MAIN FACTS:
- Further to an announcement Aug. 5, a plan of arrangement for a
business combination between Moto and Randgold has become
effective
- AngloGold has fully funded a payment to former Moto
shareholders under a cash election of about $76.9 million and has
paid about $171 million to Randgold
- Remaining existing liabilities of Moto will be settled in due
course through the Moto joint venture between Randgold and
AngloGold.
-By Johannesburg bureau, Dow Jones Newswires; +27 11 783 7848;
robb.stewart@dowjones.com