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MELBOURNE, Feb 7 (Reuters) - Barrick Gold Corp has ruled out a counterbid for Australia's No. 1 gold producer Newcrest Mining, its chief executive said, after the world's top gold producer Newmont Corp emerged with a $16.9 billion bid.
While the bid could trigger rival producers to consider a counter move amid sector consolidation, the world's second biggest gold producer is not interested in making a higher offer, Mark Bristow told Bloomberg.
âThere is a difference between value merger a...
>>> Read more: Barrick rules out rival bid for Australia's Newcrest - Bloomberg
While the bid could trigger rival producers to consider a counter move amid sector consolidation, the world's second biggest gold producer is not interested in making a higher offer, Mark Bristow told Bloomberg.
âThere is a difference between value merger a...
>>> Read more: Barrick rules out rival bid for Australia's Newcrest - Bloomberg
