Australia's Ramelius and Spartan ink $2.7 billion gold merger
16/03/2025 21:57
March 17 (Reuters) - Australian gold miners Ramelius Resources RMS.AX and Spartan Resources SPR.AX will merge to form a combined gold-producing entity with a valuation of A$4.2 billion ($2.66 billion), the companies said on Monday. ($1 = 1.5813 Australian dollars) (Reporting by Rishav Chatterjee in Bengaluru; Editing by Lisa Shumaker) ((Rishav.Chatterjee@thomsonreuters.com;))
Recent news on Spartan Resources
See all newsBrief: Ramelius Resources Obtains ASIC Consent To Withdraw Takeover Bid To Buy All Shares In Spartan
Brief: Spartan Resources Says Court Approves Scheme For Ramelius Resources To Acquire Co Shares
Brief: Spartan Resources Says Resolution To Approve Scheme In Relation To Proposed Acquisition By Ramelius Resources Passed
Brief: Spartan Resources Says Scheme Passed By Requisite Majorities Of Spartan Shareholders
Australian gold stocks drop 2% on profit taking after Tuesday's rally