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Takeover talks between gold miners Endeavour and Centamin hit a snag

Posted by ipso facto @ 10:15 on December 18, 2019  

Egypt-focused gold miner Centamin (LON:CEY) (TSX:CEE) has accused Canada’s Endeavour Mining (TSX:EDV) of making it difficult for the company to assess the value of a potential business combination unless it agrees to extending a firm offer deadline.

The London-listed gold miner said that since Endeavour was not engaging in a “proper manner” it would not ask UK regulators for an extension to a Dec. 31 bid deadline.

cont. https://www.mining.com/takeover-talks-between-gold-miners-endeavour-and-centamin-hit-a-snag/

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.