China's Zijin Gold to buy Canadian miner Allied Gold for about $4 billion
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Jan 26 (Reuters) - China’s Zijin Gold Internationalhas agreed to buy Canadian miner Allied Gold (AAUC.TO) for about C$5.5 billion ($4.02 billion) in cash, the companies said on Monday.Under the deal, Zijin will pay C$44 per share. U.S.-listed shares of Allied were up 5.4% in premarket trading.The companies expect the transaction to close by late April 2026. ($1 = 1.3676 Canadian dollars)
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