{"id":1125593,"date":"2019-07-09T16:00:39","date_gmt":"2019-07-09T16:00:39","guid":{"rendered":"https:\/\/www.mining.com\/?p=996087"},"modified":"2019-07-09T16:00:39","modified_gmt":"2019-07-09T16:00:39","slug":"barrick-gets-one-more-week-to-make-formal-offer-for-acacia","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1125593","title":{"rendered":"Barrick gets one more week to make formal offer for Acacia"},"content":{"rendered":"<p>Canada\u2019s Barrick Gold (TSX:ABX)(NYSE:GOLD) has once again<br \/>\nbought itself more time to come up with a firm offer for the percentage in Acacia<br \/>\nMining (LON:ACA)&nbsp;it doesn\u2019t already own.<\/p>\n<div class='d-flex justify-content-center'>\n<div id='div-gpt-ad-1561499308230-0'><script>googletag.cmd.push(function() {googletag.display('div-gpt-ad-1561499308230-0');});<\/script><\/div>\n<\/div>\n<p>The Toronto-based company, which has a 63.9% stake in the<br \/>\nAfrican miner, now has until July 19 to submit a new bid, Acacia&nbsp;<a href=\"https:\/\/www.acaciamining.com\/media\/press-releases\/2019\/2019-07-09.aspx\"  rel=\"noreferrer noopener\">said in a statement<\/a> on Tuesday. <\/p>\n<p>The original deadline for the proposed takeover,&nbsp;<a href=\"https:\/\/www.mining.com\/acacia-blames-barrick-barring-tanzania-talks-study-takeover-bid\/\"  rel=\"noreferrer noopener\">submitted in late May<\/a>, was set to expire on June 18, but UK<br \/>\nregulators&nbsp;<a href=\"https:\/\/www.mining.com\/barrick-gold-given-more-time-to-make-formal-bid-for-acacia-mining\/\"  rel=\"noreferrer noopener\">extended the deadline<\/a>&nbsp;until July 9 at 5:00pm.<\/p>\n<p>Acacia, Tanzania\u2019s No.1 gold producer, said that its board continued to believe that, at a fair price, the proposed takeover would be an attractive solution for all stakeholders. That\u2019s why the company asked the panel on takeovers and mergers to grant Barrick a new extension.<\/p>\n<p><em>More to come&#8230;<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The gold giant, which already owns 63.9% of the African company, now has until July 19 to come up with a firm offer for the remaining shares.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[369,4],"tags":[],"class_list":["post-1125593","post","type-post","status-publish","format-standard","hentry","category-miningcom","category-news"],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1125593","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1125593"}],"version-history":[{"count":9,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1125593\/revisions"}],"predecessor-version":[{"id":1125630,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1125593\/revisions\/1125630"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1125593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1125593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1125593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}