M&A

Southern Cross, Polymetals to merge

AS FIRST flagged on <i>Miningnews.net</i> last week, Polymetals Mining and Southern Cross Goldfields have announced a friendly merger of equals to create a gold company of greater scale.

Kristie Batten

Southern Cross, Polymetals to merge

The two will merge via a scheme of arrangement with Southern Cross to offer Polymetals shareholders 11 shares for every one Polymetals share held. Southern Cross shareholders will hold around 47% of...

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