West Africa
Endeavour prepares for London Stock Exchange listing with bargain basement asset sell-off

Having acquired Semafo and merged with Teranga, the gold producer Endeavour Mining, partly owned by the Egyptian magnate Naguib Sawiris, is in the process of selling off three sites in Mali, Ivory Coast and Burkina Faso. Africa Intelligence has the lowdown on the potential buyers and the asking prices. [...]
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Africa
Endeavour restructures shareholdings around UK and Cayman Islands

The London listing that Africa's largest gold producer is seeking shareholder approval for on 25 May will involve a new financial set-up. The group led by Sébastien de Montessus has already created a new holding company in London that is expected to absorb its current parent company in the Cayman Islands if the London listing goes ahead.

LogoSubscribers only Finance, Mining, Business 10.05.2021

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