{"id":652648,"date":"2017-01-16T04:03:09","date_gmt":"2017-01-16T04:03:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/16\/endeavour-mining-studies-merger-with-acacia-mining\/"},"modified":"2017-01-16T04:03:09","modified_gmt":"2017-01-16T04:03:09","slug":"endeavour-mining-studies-merger-with-acacia-mining","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/16\/endeavour-mining-studies-merger-with-acacia-mining\/","title":{"rendered":"Endeavour Mining studies merger with Acacia Mining"},"content":{"rendered":"

M&A watch: Naguib likes mining now. <\/strong>The Naguib Sawiris-backed Endeavour Mining Corporation<\/a> is studying a merger with Acacia Mining<\/a> that would create a company with a combined market value of USD 3.8 bn, making up one of the largest precious metal-mining groups in Africa, Bloomberg<\/a> reports. \u201cAcacia confirms that it is in preliminary discussions regarding a possible combination with Endeavour \u2026 A further announcement will be made when appropriate,\u201d the company said in the statement. The agreement could be structured as a reverse takeover, with Acacia acquiring Endeavour and the combined company keeping its London listing, the source added. Combined, the companies would be among the top five African gold miners by market value and ounces produced, according to data compiled by Bloomberg.<\/p>\n","protected":false},"excerpt":{"rendered":"

M&A watch: Naguib likes mining now. The Naguib Sawiris-backed Endeavour Mining Corporation is studying a merger with Acacia Mining that would create a company with a combined market value of USD 3.8 bn, making up one of the largest precious metal-mining groups in Africa, Bloomberg reports. \u201cAcacia confirms that it is in preliminary discussions regarding […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-652648","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"c78f1736-84c3-43b2-bc3b-3c56de7642ee","order":"0","is_powered_by":true,"section_story_id":"4329a630-ceb1-46cf-8741-1851b8145140","story_type":"1","photo_url":"","photo_position":"above","related_issue":[652636],"teaser":"","voice_url":""},"yoast_head":"\nEndeavour Mining studies merger with Acacia Mining - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/16\/endeavour-mining-studies-merger-with-acacia-mining\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Endeavour Mining studies merger with Acacia Mining\" \/>\n<meta property=\"og:description\" content=\"M&A watch: Naguib likes mining now. The Naguib Sawiris-backed Endeavour Mining Corporation is studying a merger with Acacia Mining that would create a company with a combined market value of USD 3.8 bn, making up one of the largest precious metal-mining groups in Africa, Bloomberg reports. \u201cAcacia confirms that it is in preliminary discussions regarding […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/16\/endeavour-mining-studies-merger-with-acacia-mining\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-01-16T04:03:09+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/16\/endeavour-mining-studies-merger-with-acacia-mining\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/16\/endeavour-mining-studies-merger-with-acacia-mining\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Endeavour Mining studies merger with Acacia Mining\",\"datePublished\":\"2017-01-16T04:03:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/16\/endeavour-mining-studies-merger-with-acacia-mining\/\"},\"wordCount\":129,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/16\/endeavour-mining-studies-merger-with-acacia-mining\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/16\/endeavour-mining-studies-merger-with-acacia-mining\/\",\"name\":\"Endeavour Mining studies merger with Acacia Mining - 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Sawiris and other family members have \u201clarge stake\u201d in\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":576140,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/11\/endeavor-has-teranga-in-its-sights-for-second-west-africa-gold-merger\/","url_meta":{"origin":652648,"position":1},"title":"Endeavor has Teranga in its sights for second West Africa gold merger","author":"enterpriseam admin","date":"11 November 2020","format":false,"excerpt":"Sawiris-backed Endeavour Mining continues quest to become West Africa\u2019s gold king: Canada\u2019s Endeavour Mining is in talks over a merger with West Africa-based miner Teranga Gold, the companies said in separate statements (here and here) yesterday, without providing further details. Endeavour and Teranga are discussing a \u201cmerger of equals style\u201d\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/11\/118.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":591367,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/04\/centamin-rejects-usd-1-9-bn-endeavour-merger-proposal\/","url_meta":{"origin":652648,"position":2},"title":"Centamin rejects USD 1.9 bn Endeavour merger proposal","author":"enterpriseam admin","date":"4 December 2019","format":false,"excerpt":"M&A WATCH- Centamin rejects USD 1.9 bn Sawiris-backed Endeavour merger proposal: The board of gold mining company Centamin has unanimously rejected a proposal by Endeavour Mining for a USD 1.9 bn all-share merger, the Wall Street Journal reports. The London-listed operator of Egypt\u2019s Sukari gold mine said the offer would\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/1\/685.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":591473,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/08\/endeavour-isnt-giving-up-on-centamin-merger-plans\/","url_meta":{"origin":652648,"position":3},"title":"Endeavour isn\u2019t giving up on Centamin merger plans","author":"enterpriseam admin","date":"8 December 2019","format":false,"excerpt":"M&A WATCH- Endeavour isn\u2019t giving up on Centamin merger plans: Endeavour Mining is \u201creaching out to Centamin shareholders\u201d in an attempt to bring them around to the all-share merger Endeavour had proposed last week, CEO S\u00e9bastian de Montessus told Reuters. 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