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Randgold launches US$1.8b scrip bid for Ashanti

RANDGOLD Resources has made an all-stock bid for Ashanti Goldfields valued at US$1.8 billion, sig...

Michael Quinn

Randgold is offering one of its shares for every two Ashanti shares, with sweeteners in the bid including its offer to adopt the Ashanti name and make the Ghanaian capital of Accra its operational centre....

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