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Wed, 30 Jul 2003
Source: Reuters
Ghana wants South African gold producer AngloGold to improve the terms of its offer for state-owned Ashanti Goldfields , a source close to the talks said on Tuesday.
The Ghanaian government has a 17 percent stake in Ashanti, including a golden share allowing it to block any takeover.
Under the deal proposed by AngloGold on May 16, Ashanti shareholders would receive 26 AngloGold shares for every 100 Ashanti shares held.
Source: Reuters
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