Loading ...Endeavour bids £1.5bn for Centamin in gold dealmaking wave
Endeavour Mining has refused to rule out a higher bid for rival African gold producer Centamin but said it would only consider improving its offer if it can hold friendly discussions. The Canadian company went public with a £1.5bn all-stock offer on Tuesday after Centamin refused to engage in talks about a deal that would create a powerful new mid-tier gold company. London-listed Centamin swiftly rejected the offer, saying it was skewed in favour of Endeavour shareholders and did not “adequately reflect” the contribution it would bring to a merged entity.
https://finance.yahoo.com/m/6cd03dce-03f3-3671-8fef-6a8951b11aec/endeavour-bids-%C2%A31.5bn-for.html