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(Reuters) – Barrick Gold Corp (Canada)ABX.TO) is in discussion to acquire Randgold Resources Ltd (RRS.L), which operates mines in Africa, said Sunday a person familiar with the issue.
An agreement should be announced in the coming days, said the people knowingly. Mark Bristow, chief executive of Randgold, will become the CEO of the merged company, said one of the sources. Reuters could not determine the value of the possible deal.
Bloomberg News reported earlier that an agreement was imminent, having been reported for the first time by the IKN mining blog. bloom.bg/2QUaYa7
Barrick currently has no president after Kelvin Dushinsky leaves to join AngloGold Ashanti Ltd (ANGJ.J) as CEO.
According to Thomson Reuters I / B / E / S, Barrick's market capitalization is C $ 18.78 billion ($ 14.53 billion) and Randgold's market capitalization is £ 4.6 billion ($ 6.02 million). billions of dollars).
($ 1 = 1.2925 Canadian dollar)
Report by John Tilak in Toronto and Susan Taylor in Washington: additional report by Mekhla Raina in Bangalore; Editing by Will Dunham and Peter Cooney
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