(AFX UK Focus) 2010-03-19 07:54 UPDATE 1-African Barrick Gold IPO priced at 575 pence (Interactive Investor)

Mar 19, 2010   //   by Admin   //   Scrap Gold Prices  //  Comments Off

LONDON, March 19 (Reuters) – African Barrick Gold (ABG) priced its initial public offering (IPO) at 575 pence per share, at the bottom end of the 550 pence to 650 pence range, ahead of the start of trading on Friday. The price for ABG, the biggest flotation in London in almost two years, values the company at about 2.33 billion pounds ($3.6 billion). London-headquartered ABG is likely to be …

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