Ramelius Resources confirms Karora Resources takeover discussions in a deal that could exceed $1 billion – MASHAHER

ISLAM GAMAL7 March 2024Last Update :
Ramelius Resources confirms Karora Resources takeover discussions in a deal that could exceed $1 billion – MASHAHER


Ramelius Resources has seemingly taken a subtle dig at other media outlets, after confirming it is in exclusive talks with Toronto-listed Karora Resources about a potential merger that could be valued at more than $1 billion.

Ramelius told the market on Friday it was thrashing out a deal with Karora but said the discussions, including the value of the potential transaction, remain incomplete.

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