Is Allied Gold being acquired by Zijin Gold International?
Allied Gold Corporation entered into a definitive arrangement agreement under which Zijin Gold International agreed to acquire all of the issued and outstanding common shares of Allied Gold in an all-cash transaction valued at approximately C$5.5 billion. This friendly acquisition provides shareholders with a significant cash premium over historical volume-weighted average prices, subject to customary closing conditions, regulatory clearances, and a two-thirds shareholder approval vote.
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