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Randgold Resources shareholders greenlight takeover by Barrick

Published 2018-11-07, 09:56 a/m
Randgold Resources shareholders greenlight takeover by Barrick
RRS
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GOLD
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LONDON, Nov 7 (Reuters) - Randgold Resources RRS.L shareholders on Wednesday approved a $6.1 billion all-stock takeover by Barrick Gold ABX.TO , clearing one of the final hurdles to creating the world's largest gold company.

Votes were 95.2 percent in favour of the transaction, Randgold said in a statement. Barrick shareholders approved the tie-up on Monday. shares in Randgold were 0.6 percent higher by 1448 GMT, having risen more than 20 percent since the deal was announced on Sept. 24.

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