Tuesday 24 December 2024
 
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European Goldfields

European Goldfields mulls Qatari fallback option

European Goldfields, which has agreed to a C$2.5 billion ($2.4 billion) takeover by Canadian group Eldorado Gold, is hoping to keep an investment deal with Qatar's sovereign wealth fund as a fallback option. Qatar Holdings agreed in Octobe

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Qatar signs deal to buy European Goldfields

Qatar Holdings signed a deal on Saturday to buy a stake in London-based European Goldfields from Greek building firm Ellaktor and will invest another $600 million in the mining company, a source with direct knowledge of the deal told Reuters.

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