Business
Tech shares help ASX retest 7000; Cleanaway deal canned – The Sydney Morning Herald
The ASX200 was up 0.3% at Tuesday’s open, with technology stocks and BNPL firms among the best early performers.
Regis Resources is raising $650 million – and has also taken out a $300 million loan – to purchase IGO Limiteds 30 per cent stake in the Tropicana Gold project.
Regis this morning said it had signed a conditional binding agreement with fellow ASX-listed miner IGO Limited to acquire its stake in Tropicana for $903 million.
The deal is effective of March 31, though remains subject to the waiver or non-exercise of the rights held by miner AngloGold under its joint-venture agreement with IGO.
Regis…
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