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| May 17, 2003 | Saturday | Rabi-ul-Awwal 14, 1424 |
Merger talks
LONDON, May 16: South African miner AngloGold, the world’s second-largest gold producer, is in talks to buy Ghana-based rival Ashanti Goldfields in an all-share deal, the companies announced Friday.
The boards of the two companies have initiated discussions with certain stakeholders and a further announcement will be made in due course.—AFP
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