non-core asset sale : Franchise Herald

non-core asset sale

non-core asset sale

Barrick Gold to Sell 4 Non-Core Assets to Kinross and Waterton for $720 Million, Part of Debt Reduction Effort

Barrick Gold Corporation has announced in a press release that it will be selling four non-core assets to Kinross Gold Corporation and Waterton Precious Metals Fund II Cayman, LP for a total of $720 million in cash. The sale of the assets is part of the company’s effort to reduce its debt, which it said is on track to meet.

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