Barrick Gold eyes deals with rewritten M&A playbook
To mitigate risk, it is targeting low-cost production assets in the Americas and will stay focused on its core gold area
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Toronto
BARRICK Gold Corp is actively reviewing acquisitions and in the past 18 months considered at least one transformational deal, as it seeks to boost looming production declines and drive growth, four people familiar with the company's thinking told Reuters.
It marks a shift for Barrick, which has focused on selling assets to reduce debt in recent years, and signals a possible return to familiar territory as the world's largest gold producer warms again to dealmaking.
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