Australia's Westgold to buy Karora Resources in $808 mln deal

Westgold Resources

08/04/2024 24:38

April 8 (Reuters) - Australia's Westgold Resources
 WGX.AX  said on Monday it will acquire Toronto-based Karora
Resources  KRR.TO  in a cash-and-stock deal, valuing the latter
at about A$1.23 billion ($808.36 million).

     ($1 = 1.5216 Australian dollars)
    

 (Reporting by Sherin Sunny in Bengaluru; Editing by Sherry
Jacob-Phillips)
 ((Sherin.Sunny@thomsonreuters.com;))