LONDON – Randgold Resources shareholders on Wednesday approved a $6.1-billion all-stock takeover by Barrick Gold, clearing one of the final hurdles to creating the world's largest gold company.
Votes were 95.2% in favour of the transaction, Randgold said in a statement. Barrick shareholders approved the tie-up on Monday.
London-listed shares in Randgold were 0.6% higher by 1448 GMT, having risen more than 20% since the deal was announced on Sept. 24.