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AngloGold Ashanti Advances Centamin Acquisition Plan

AngloGold Ashanti Advances Centamin Acquisition Plan

Anglogold Ashanti PLC (AU) has released an update.

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AngloGold Ashanti PLC has received approval from the Egyptian Competition Authority, satisfying a key condition for its acquisition of Centamin PLC. The acquisition will proceed via a court-sanctioned scheme of arrangement, pending clearance of remaining conditions. Investors are advised to follow updates on the transaction’s progress, as it may influence Centamin’s market position.

For further insights into AU stock, check out TipRanks’ Stock Analysis page.

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