September 13, 2019 / 2:19 PM / 4 days ago

UK court approves Barrick Gold's takeover of Acacia

Sept 13 (Reuters) - Acacia Mining said on Friday a British court has approved a deal by which Barrick Gold will take over the gold miner and that its stock will stop trading from next week.

The approval comes after the London-listed company in July agreed to a sweetened offer from Toronto-based Barrick Gold, a deal that raised expectations Acacia’s long-running tax dispute with the Tanzanian government will finally come to an end. (Reporting by Muvija M in Bengaluru; Editing by Arun Koyyur)

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