Miner Fresnillo to acquire Canada's Probe Gold for about $556 million
Oct 31 (Reuters) - London-listed miner Fresnillo FRES.L has agreed to buy Canada's Probe Gold PRB.TO for C$780 million ($556.19 million) in cash, Probe Gold said on Friday. Probe Gold shareholders will receive C$3.65 per share in cash, it said. ($1 = 1.4024 Canadian dollars) (Reporting by Disha Mishra in Bengaluru; Editing by Sherry Jacob-Phillips) ((Disha.Mishra@thomsonreuters.com;))
Recent news on Probe Gold
See all newsBrief: Independent Proxy Advisory Firms, ISS and Glass Lewis, Recommend Probe Gold Shareholders Vote FOR the Proposed Plan of Arrangement with Fresnillo
Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions
Press Digest: Wall Street Journal - October 31
Miner Fresnillo rises after $556.2 million Probe Gold deal