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Barrick and Equinox

Source: Financial Times, 25th April 2011

Barrick Gold starts out its statement about the proposed acquisition of Equinox Minerals with the customary blather about the target's quality, the fact that the deal fits its strategy and how it will be accretive to earnings per share. Once that is out of the way though, chief executive Aaron Regent says something unique: the deal "does not dilute our shareholders' gold exposure per share".



Read the full article on FT.com
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