GG Confirms Agreement to Buy PDG Assets On Completion of ABX Deal

December 22, 2005 10:29 AM EST

Goldcorp Inc. (NYSE: GG) confirmed its previous agreement to acquire certain mining assets of Placer Dome Inc. (NYSE: PDG) from Barrick Gold Corporation (NYSE: ABX) upon successful completion of the friendly Barrick-Placer Dome transaction announced today. The purchase price will be US$1.485 billion in cash.


Related Categories

Mergers and Acquisitions

Stocks Mentioned

ABX 41.63

+0.92 +2.26%
Volume: 17,552,392
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GG 41.25

+0.81 +2.00%
Volume: 11,517,286
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PDG 0.00

-22.04 -100.00%
Volume: 0
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