Market Chatter: Turaco Gold Draws Takeover Interest From PDI Gold, Perseus Mining

MT Newswires Live

2 hours ago

PDI Gold (ASX:PDI), Perseus Mining (ASX:PRU), and B2Gold Corp. are all considering an acquisition of Turaco Gold (ASX:TCG), The Australian's DataRoom reported Sunday.

PDI Gold views a potential takeover of Turaco Gold as a way to become large enough for entry into the ASX 100 index, according to the report.

Meanwhile, some Chinese entities are also seeking a joint venture partner to submit a bid for Turaco Gold, but could face difficulty in securing regulatory approval from authorities in Ivory Coast, where the company operates, the news outlet reported, citing anonymous sources.

PDI Gold and Perseus Mining did not immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TCG.AU","symbol_name":"TURACO GOLD LIMITED","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2663306040","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2663306040","pubTimestamp":1788129987,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}