Gold miner Endeavour Mining Corp. to acquire Semafo Inc. in all-stock deal

March 24, 2020 / dlvr.it / Article Link

MONTREAL - A $1-billion deal to combine two Montreal companies with West African gold mining operations was met with sharply divergent reactions from their shareholders on Monday. Stock in Endeavour Mining Corp. closed at $20.05, down $1.60 or 7.4 per cent, on the Toronto Stock Exchange after it announced the deal to acquire Semafo Inc. - the stock traded as low as $17.50, down 19.2 per cent, earlier in the day. In contrast, Semafo closed 39.2...Read full news

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