Randgold Resources shareholders on Wednesday approved a $6.1-billion all-stock takeover by Barrick Gold, clearing one of the final hurdles to creating the world’s largest gold company.
Votes were 95.2 per cent in favour of the transaction, Randgold said in a statement. Barrick shareholders approved the tie-up on Monday.
London-listed shares in Randgold were 0.6 per cent higher by 1448 GMT, having risen more than 20 per cent since the deal was announced on Sept. 24.