Centamin PLC - Scheme of Arrangement Becomes Effective
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Centamin PLC's scheme of arrangement with AngloGold Ashanti has become effective, resulting in AngloGold Ashanti acquiring the entire share capital of Centamin. This marks the completion of the acquisition process as outlined in the scheme document.
November 22, 2024 | 10:00 am
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Centamin PLC has been fully acquired by AngloGold Ashanti, with the scheme of arrangement now effective. This marks the completion of the acquisition process.
The completion of the acquisition by AngloGold Ashanti is a significant event for Centamin PLC, as it changes the ownership structure and potentially impacts future operations and strategy. This is likely to have a positive short-term impact on the stock price due to the successful completion of the acquisition.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100