Barrick Buys Randgold to Create World’s Largest Gold Miner

Davies acted for Barrick Gold Corporation in its US$18.3-billion share-for-share merger with Randgold Resources Limited.

This multijurisdictional transaction created an industry-leading gold company with the greatest concentration of tier one gold assets in the industry and a diversified asset portfolio positioned for growth. The transaction was subject to shareholder and other approvals, and closed on January 1, 2019.

The Davies team on this transaction included Melanie Shishler, Robin Upshall, Richard Fridman, Steve Cutler, Andrew Mihalik, Jessica Bullock, Chris Anderson, Geoffrey Turner, John Bodrug, Jim Dinning and Jean Teboul.