NovaGold Acquires Paulson's Stake in Donlin Gold for $4.2 Billion Valuation
NovaGold Resources (NG) announced it will acquire the 40% stake held by Paulson Advisers in Donlin Gold through an all-share transaction, increasing its ownership to 100%. This move creates a U.S.-based gold developer with an estimated equity value of $4.2 billion.
Tickers: $NG
Topics: Corporate Acquisition Gold Mining