Barrick Gold Corporation

[MacHammerFan]

Bedankt voor je info.
Bij Keytrade Bank zijn ze gemist. Ik kreeg voor 25 aandelen Randgold slechts 25 aandelen Barrick. Best dat ik het gezien heb want dat grapje kost mij anders 1800 dollar. Ik heb hen gecontacteerd dat ze dit zo vlug mogelijk moeten rechtzetten.

Vanmorgen gekeken in mijn effectenportefeuille en de zaak is rechtgezet. Oef! Ze hebben me toch laten schrikken.

[Gray]

Heeft er iemand roerende voorheffing moeten betalen op die fusie?

[Haiko17]

Euhm, neen, hoe zou je roerende voorheffing betalen op een fusie? Je bedoelt wellicht op het extra dividend gerelateerd aan de fusie, daarop wel ja, maar het is dan ook een dividend.

[Gray]

Ja, RV over het totaal bedrag van de waarde van de aandelen, in dit apenland kan blijkbaar alles... zie ook topic viewtopic.php?t=3505

[Haiko17]

Jawadde, zoiets ben ik bij Binck nog niet tegengekomen.
Het ligt wellicht aan het feit dat ik aandeelhouder ben van Barrick en jij van Randgold. Als ik die topic die je linkte goed begrepen heb, betaal je enkel rv op aandelen die je krijgt in ruil voor je bestaande positie. Voor Barrick-aandeelhouders verandert er in wezen niks, behalve de ticker. En die bestond al.

[Gray]

Jawadde, zoiets ben ik bij Binck nog niet tegengekomen.
Het ligt wellicht aan het feit dat ik aandeelhouder ben van Barrick en jij van Randgold. Als ik die topic die je linkte goed begrepen heb, betaal je enkel rv op aandelen die je krijgt in ruil voor je bestaande positie. Voor Barrick-aandeelhouders verandert er in wezen niks, behalve de ticker. En die bestond al.

Is de ticker van Barrick ook niet veranderd op 1 januari van NYSE:ABX naar NYSE:GOLD?
Ik ben overigens geen aandeelhouder van Randgold maar van Goldcorp (die recentelijk hetzelfde van plan zijn, vandaar mijn interesse)

[Exmarken]

Reuters
FRI FEB 22, 2019 / 3:27 AM EST
Canada's Barrick Gold considers hostile $19 billion bid for Newmont Mining: media
Melanie Burton


FILE PHOTO: Mark Bristow, chief executive officer of Barrick Gold, speaks during an interview at the Investing in African Mining Indaba conference in Cape Town, South Africa February 5, 2019.
REUTERS/MIKE HUTCHINGS

FILE PHOTO: An open pit at Barrick Gold Corp's Veladero gold mine is seen in Argentina's San Juan province, April 26, 2017. Picture taken April 26, 2017.
REUTERS/MARCOS BRINDICCI
MELBOURNE (Reuters) - Canada's Barrick Gold Corp is considering a hostile bid for Newmont Mining Corp for about $19 billion in stock, in what would potentially be one of the largest-ever mining deals, the country's Globe and Mail newspaper reported.

The paper, which also reported that Barrick would flip some of Newmont's assets to Australia's Newcrest Mining, cited industry sources familiar with the situation.

Under the potential terms, Barrick would keep Newmont's Nevada and African mines, while Newcrest was considering taking over its Australian operations, according to the report.

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Barrick, which spent $6.1 billion on buying rival Randgold Resources last month, has formed new management teams and cut administrative costs as part of new Chief Executive Mark Bristow's plan to set the combined company firmly apart from peers.

Bristow had said on a post-earnings call that Barrick Gold would continue to look at opportunities for mergers or acquisitions.

Barrick and U.S. company Newmont have long been touted as a potential match, as they have plenty of overlap around their North American operations, said an Australia-based banker.

"(But) there's a danger that Barrick is biting off more than it can chew (by making another large acquisition)," he said, declining to be identified due to the sensitivity of the issue.

Without such a deal, Barrick could cede its crown as the world's largest gold producer to Newmont, which is due to close its $10 billion buyout of smaller rival Goldcorp Inc next quarter.

If Barrick were to be successful, the merger between Newmont and Goldcorp would not go ahead, and Barrick would be liable for a $650 million break fee, the newspaper reported.

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Bloomberg reported on Thursday that Barrick had studied a bid for Newmont as it looks for ways to boost production, citing people familiar with the matter.

Newmont declined a request from Reuters for comment, while Barrick did not immediately respond to request for comment.

A Newcrest spokesperson said the firm did not comment on M&A speculation. Goldcorp was not immediately available for comment.

AUSTRALIAN FIT?

Newmont has three gold mines in Australia, which have a net present value of $4.5 billion according to AME Group, but none of those are seen as the kind of large 'tier one' developments that Newcrest has said are a prerequisite for any major buys.

"Newcrest has a production hole in a couple of years' time with Cadia going offline," said one fund source based in Melbourne, referring to one of Australia's largest gold mines.

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"It makes sense that they would be looking, but I would question the 'tier one' nature of the asset."

Any deal for the assets would hinge on price and the manner of payment, two other bankers and a fund manager said.

"I wouldn't care if they are not 'tier one' assets," said Simon Mawhinney of Allan Gray in Melbourne, which is the top shareholder in Newcrest with a stake of around 9 percent.

"But I would care if they were overpaid for, that would be a big issue."

(Reporting by Sanjana Shivdas in BENGALURU and Melanie Burton in MELBOURNE; Editing by Gopakumar Warrier and Joseph Radford)

Our standards: The Thomson Reuters Trust Principles.
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[Lotus]

Barrick aims to create world’s largest gold miner with hostile bid for Newmont
The offer raises the potential for a three-way fight between some of the world’s largest gold miners

Barrick Gold Corp. is going hostile in its bid to acquire Newmont Mining Corp. and create the world’s largest gold producer by offering US$17.8 billion for the company in all share deal.

The offer raises the potential for a three-way fight between some of the world’s largest gold miners, and comes after Newmont’s chief executive blasted talks about a takeover as a “desperate” and “bizarre” move by Barrick.

Barrick said it’s offering “at market” valuation of 2.5694 a share for each Newmont share. That implies that it’s valuing Newmont at US$17.8 billion and US$33.50 a share, an 8 per cent discount to Friday’s close.

https://business.financialpost.com/comm ... stock-deal

[kierkegaard]

https://www.youtube.com/watch?v=o9wJkZ7ptEc

[kierkegaard]

Over consolidatie gesproken.... Barrick slokt Randgold op, Newmont versmelt met Goldcorp en nu wil Barrick meteen de hele hap. Als deze merger doorgaat heb je met een aandeel barrick meteen een deel van de hele sector. Een miljard synergieën per jaar denkt Barrick te halen door met Newmont te paren, vooral door Nevada.