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Australia's Westgold to buy Karora Resources in $808 mln deal
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Australia's Westgold to buy Karora Resources in $808 mln deal
Apr 7, 2024 4:50 PM

April 8 (Reuters) - Australia's Westgold Resources ( WGXRF )

said on Monday it will acquire Toronto-based Karora

Resources ( KRRGF ) in a cash-and-stock deal, valuing the latter

at about A$1.23 billion ($808.36 million).

($1 = 1.5216 Australian dollars)

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