FTSE Egypt Index

Index

WIEGY

Delayed Great Britain 07:30:01 2024-12-02 am EST			5-day change	1st Jan Change
11,101.28 ^PTS	+0.11%		+2.83%	+8.27%

05:05pm	Cargo ship sinking off Egypt's Red Sea coast	RE
Dec. 01	Saudi bourse extends rebound from 4-month low; Qatar falls	RE

AngloGold Ashanti to buy Centamin in $2.5 billion deal

September 10, 2024 at 02:14 am EDT

(Reuters) -Global miner AngloGold Ashanti will buy Egypt-focused smaller rival Centamin in a $2.5 billion deal, the companies said on Tuesday.

Under the terms of the deal, Centamin shareholders will get 0.06983 new AngloGold Ashanti shares for each Centamin share and $0.125 in cash.

The perceived value of the offer represents a premium of 36.7% to Centamin's Monday closing price of 120 pence, the companies said in a statement.

(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Sherry Jacob-Phillips and Sonia Cheema)

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
FTSE EGYPT INDEX	11,101.28PTS	+0.11%	+2.83%	-
CENTAMIN	146.00GBX	-.--%	+3.77%	2.19B
ANGLOGOLD ASHANTI PLC	24.63USD	-1.24%	-2.26%	10.49B

Latest news about FTSE Egypt Index

Cargo ship sinking off Egypt's Red Sea coast	11:05am	RE
Saudi bourse extends rebound from 4-month low; Qatar falls	Dec. 01	RE
Orascom Financial Holding S.A.E. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024	Dec. 01	CI
Alexandria Spinning & Weaving Co. Reports Earnings Results for the First Quarter Ended September 30, 2024	Dec. 01	CI
Hamas publishes video of US-Israeli hostage in Gaza	Nov. 30	RE
Russia's plane shortage holds air travel back as wartime wages drive demand	Nov. 28	RE
Israeli military says it downed drone smuggling weapons from Egypt	Nov. 27	RE
Former NJ senator Menendez seeks new trial, says error tainted conviction	Nov. 27	RE
Development & Engineering Consultants Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024	Nov. 27	CI
More survivors rescued after tourist boat sinks in Red Sea	Nov. 26	RE
Three bodies recovered from capsized tourist boat off Egypt's Red Sea coast, 13 missing	Nov. 26	RE
Sixteen missing after tourist boat sinks off Egypt's Red Sea coast	Nov. 25	RE
Tourists, crew members missing after boat sinks off Red Sea coast	Nov. 25	RE
Edita Food Industries Company (S.A.E) Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024	Nov. 25	CI
Arabia Cotton Ginning Company Reports Earnings Results for the Full Year Ended June 30, 2024	Nov. 25	CI
Giza General - Contracting and Real Estate Investment S.A.E Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024	Nov. 25	CI
Electro Cable Egypt Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024	Nov. 25	CI
Maridive and Oil Services S.A.E. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024	Nov. 24	CI
How big fossil-fuel-producing countries export emissions abroad	Nov. 23	RE
Italy frets over fate of porn actor arrested in Egypt	Nov. 22	RE
UAE, Egypt to Partner on Renewable Energy Facilities, Joint Industrial Zone	Nov. 21	MT
Egypt's Primary Focus Is to Bring Inflation Down	Nov. 21	MT
IMF mission concludes visit to Egypt for the fourth review of loan programme	Nov. 20	RE
Hamas: No hostages-for-prisoners swap deal with Israel unless Gaza war ends	Nov. 20	RE
Exclusive-Egypt in talks with foreign companies over long-term LNG purchases, sources say	Nov. 20	RE

Headlines

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